I can’t tell about Italy. But eg in Germany the air would be quite thin if one looks for a software position above 80k€ or even 100k€ (yes, there might be enough options in the 50k€ range).
With 5 years of experience in (northern) Italy there are plenty of job offers in the 35-40k range, which I think is roughly equivalent to 60+k in Germany, maybe 70ish.
Note that I don't live in Germany so my numbers may be wrong, in that case well... let me know :)
Wouldn’t have expected italy to be much different