I'm not American, but I pay a few hundred dollars a year for the premium health insurance plan at my company. I also pay tens of thousands of dollars more in taxes to grant me the ability to wait for 72 hours in an ER hallway whenever I can't wait weeks for an appointment because urgent care isn't a thing.
My take home would triple if I lived in the USA as a new graduate because of things like favourable treatment of stock grants, less income tax, and the fact my salary would double.
I'm sure the $80,000 extra dollars is enough to pay for the healthcare premiums and daycare. My effective hourly rate would be high enough that going from a 72 hour wait to a few hours would be worth the thousands of dollars in ER bills. If I worked for the government or another lower paying profession it would not be good, but I am a well-compensated software engineer.
There's a reason why 90% of Waterloo immediately moves to the United States after graduation.