>Not if you count rent / mortgage
Depends where you live. There's no reason the 175k employee can't live somewhere "bad" or suffer a long commute. Most major western european cities and their suburbs are by no means cheap to find housing in.
>car & car insurance
Most white collar Europeans with families own cars. Owning and operating a vehicle is astronomically cheaper in the US, even in California which has insanely high costs compared to the median or mean state.
>kindergarten
Part of the free (at the point of use, obviously it's paid for by taxes) public school system in the US.
>And you medical coverage might still cover less than the European one.
I don't want to have a healthcare debate but the cost was addressed higher up the thread and the difference in coverage between what American BigCo employees get and what Europeans get (and both those classes of insurance are diverse enough to make comparison impractical without sweeping generalizations) is not going to be meaningful except in the edge cases.