Folks counter this by pre-drinking at home and then going home to continue drinking. It really wouldn't be that difficult in the US either, and some folks would certainly leave you behind if you can't keep up financially.
Fun fact: Austria is cheap in comparison, at about 2,50€ to 3,50€ per beer, and it seems like a comparative deal. [2]
[1]https://norwaytoday.info/travel/is-beer-in-norway-really-tha.... [2]https://www.flatio.com/blog/typical-prices-of-goods-in-austr....
The UK also heavily taxes alcohol but you'll find cheap beers (sure, some London pubs will still charge you 5£ or more for some beers).
Even the latter reduces hard core binge drinking and the former really seems to help with the rampant alcoholism in winter at high latitudes. Paternalistic, but that is the price of living in a society (with free healthcare systems and A&E that get overtaxed by drunks…)