I was talking about the same quality. That means, for example, excavations for windows. The insulation is more expensive, the earthworks themselves add to the cost, as well as the longer construction phase, which costs money. But if a living basement means a heated room with a 2.35m ceiling height and a light well ... well, then it may only cost the same as above-ground area.
The question is what he intends to do with the basement in the end. For living spaces, of course, I have to spend more money; for a hobby room, laundry, technical rooms,... a basement is definitely a good alternative to above-ground construction. The perimeter insulation on the walls doesn't really cost much money, and you can do without the insulation under the slab if you anyway have a floor structure with insulation because of underfloor heating. The resulting thermal bridges are minimal in a building with a basement and cause hardly measurable heat loss. In addition, you can lay the insulation on the slab yourself.
Are you assuming 2.35m raw construction height? That then, of course, has nothing to do with a living basement. With 2.35-2.45m finished measurements, plenty of houses are built. Our basement also has 2.34m finished. The ground floor/upper floor then 2.55m.