On the low end assuming 200TBW that means you have used about 3.3% of the life of your SSD and on the high side you have used 6.75%. Lets say you got your M1 on release in November, that would mean you are using about 1.68%/month on the high end and .84%/month on the low end.
Assume it lasts 200TBW, which I don't think they will, you would be on track for a 8 year lifespan of the SSD. Otherwise 4 years on the low end, assuming the write amount stays the same (which won't likely happen), which would imply you are using the same or less swap.
Every year, I find that I use about 1-2gb more on average, so for me/my usage patterns I almost find the 16gb of memory in the MBPs to be a slap in the face. I have a 13'' and a 16'' MBP with 32/64gb respectively and I don't think I would find anything less acceptable. Right now, my typical memory usage is around 30-40gb when I run docker, vscode, chrome, slack, zoom, etc. I am not even running any VMs(other than the docker vm), I typically will spin those up elsewhere.
For reference, this is my 16'' daily MBP after nearly a year (4.84TB write) and I typically pull down lots of logs/data.
Available Spare: 100%
Available Spare Threshold: 99%
Percentage Used: 0%
Data Units Read: 4,406,559 [2.25 TB]
Data Units Written: 9,454,881 [4.84 TB]
Host Read Commands: 183,307,692
Host Write Commands: 406,821,556