Depends on your interpretation of better. My parents definitely led a more comfortable life filled with more happiness. At my age, they had already been able to settle down and establish themselves professionally. Meanwhile I'm struggling to find a job, may never be able to buy a flat and have been mentally ill since I was 13.
Morally though I am fully convinced I lead a much better life than them. I live more sustainable and climate-friendly. I am politically active trying to change the world for the better and fighting discrimination. In the work I do I try to help young people along in their journey, while my mother as part of her job has been keeping homeless people homeless.
I would not want to have led my parents' lives. Even though they are far better off than I will ever be in many regards, I am proud playing a tiny part in changing the world for the better where they were at least complicit in the world staying that way.