Considering a cheap apartment with 2 bedrooms costs minimum 2 000 000 nok.
A bus ticket starts at 28 nok about 5 usd.
Parenting leaves are very important since it is assumed that women should work and not stay home with the children. We also have subsidized kindergartens.
Healthcare is fair. However we have pretty much no dental and you only get subsidized medication if you need medication for more than 3 months.
Pension is ok, however it's just an economical model where you deduct peoples salaries and force them to save money.
And yes, taxes are very high:
25% VAT
High income tax
Wealth tax and also housing tax
You have to have a lot of money before the wealth tax hits you, and it's quite low anyway (if you have enough money that the wealth tax will hit you, you can earn more in interest having the money sitting in a bank account than you will be paying).
Things are more expensive here, of course, but not everything is a lot more expensive - renting an apartment here is similar to prices you'd expect in New York. I've never had a problem with healthcare, but off hand I don't know any company that provides dental coverage or vision plans.
The hardest part is the language. --Everyone can speak English here, but, like anywhere, the more of the local language you speak, the easier it is.
Yes, you'd might go down in salary, as hmottestad mentions, so there are pros and cons. People do live fine here on their salaries, so I don't think it would be a problem.