In the USA a fully loaded cost of a not-fresh-out-of-school developer today is very likely >$200k. You have to factor in benefits, insurance, equipment, licensing (Windows, GitHub, all the AI subscriptions, etc), space (RTO!), any stock, and taxes to get the fully loaded cost.

Roughly salary times 1.5-2 is a good ballpark depending on location and equipment/licensing needs.

IME Most of the good devs in India cost at least 20k USD, with the price going up based on seniority and definitely skillsets, a very sought after skill can still ratchet up costs - but even then we're talking something that is going to run 3 devs tops and not have a lot of room for additional investment - something has to be taken out of the system for someone to care at all about running it.