You're not getting 60k as an entry level dev in most of Europe though. I'm middle level in Austria and barely make above 50k. I know in high CoL big metro areas like Munich and Amsterdam you can make way more but the real estate market in those places is currently broken though IMHO.

Your compensation will depend more on working for top international companies that can scale internationally and extract value at that large scale, rather than the country itself though.

And Austria, has in general, almost no top international SW companies, just mom and pop shops that only serve the small local market, so the pay is junk.