Earlier quoted context omitted.
$60k puts you in the same order of magnitude as other western countries: E.g. ~$65k gets you a senior developer in Berlin (=€60k) and similarly in Canada (=90k CAD), so a lot more competition in that bracket.
I'd say good programmers are relatively underpaid in Western Europe compared to the rest of the globe.
I can make that in less than a week as a contractor doing the same thing in literally the same place.