Same can be said for the cost of food,transport and other living expenses. Expecting employees to pay the $80,000 and over they are paying to a New Yorker , which has high cost of living to a developer in Tapei city, which as relatively cheap cost of living doesn't make sense.
And by the way because they are paying a developer $20,000 doesn't mean he's a bad developer. it is reflective of the economic condition and standard of living the developer finds himself.
I can bet you there are developers earning the amount you are deriding so much that have comfortable saving account and there are $80,000 in debt (all other things being equal)