[leothekim]

I’ve worked with programmers in Spain and have limited salary information. They are definitely much lower compared to, say, New York. However, cost of living in Madrid was nowhere near New York. For example, I could get a beer and ham sandwich at Museo del Jamon for about 2€. Compare that to paying $15 for a salad.

[omegote]

Sure, the cost of living is way lower, but given the ability of working remotely for companies abroad, there shouldn't be such a large gap. I think (and hope) it's a matter of time for most developers to realize how many opportunities there are for working remotely with better economical conditions, and along with that local businesses will have to up their game as well.