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.