I disagree. My wife's grandfather, who I'd consider typical, bought a house and provided for a family of four in Palo Alto while working at a local Safeway. A job that required no college degree but only the willingness to show up and take some pride in his work. It was a modest yet peaceful and satisfying existence.
As far as comfort, I'd don't accept the premise our lives are more comfortable now than in 1955. My guess is most young men would gladly trade the latest dating app and the interwebs for the conditions of the typical 1955 US male.