For one, I'd think actual princes and princesses[1] in UK live a bit better than what you described. But I can see your point: you take comfort in knowing that you are wealthy relative to the masses. I get this a lot from the recruiters from UK/Europe.

It does not do anything for me: if I have to live in an apartment instead of a house I am not going to feel happy about it because 99% of people live in even worse apartment.

1. https://en.wikipedia.org/wiki/List_of_current_British_prince...