Yes that seems to be pretty close to the mean wage in San Jose for a likely "Software Engineer" job code: http://www.flcdatacenter.com/OesQuickResults.aspx?area=41940... Cisco's (posted) wages span the different levels of that job description pretty well as far as I can tell.
However it's probably important to note that LCA data (e.g. the data on h1bdata.info) doesn't actually say anything about how much Cisco's paying. Those are just the wages Cisco has submitted in LCAs, but I don't think there's any way to verify that an LCA is connected to and used for an approved H-1B petition and actual employment of a foreign worker.
> Because Cisco is "underpaying" H1 workers is a myth that a lot of HN posters like to believe
Not sure about HN reader bias (*see edit below), but in this case the Labor Department clearly found some wrongdoing on Cisco's part. Would be interesting to know what that is? Perhaps Cisco is filing all these LCAs to signal that's they're employing workers in all wage levels, but only use the certified LCAs with the lower wages when submitting H-1B petitions?
Edit: OK, I'll admit that I do actually know about HN bias a few years back. That was abundantly clear from the shitshow that was the HN discussion about pg's "Let the Other 95% of Great Programmers In": https://news.ycombinator.com/item?id=8799572