And as you become better in your niche you are likely more efficient than the lower priced competition. I have seen plenty of cases where developers from relat

And as you become better in your niche you are likely more efficient than the lower priced competition. I have seen plenty of cases where developers from relatively poor countries are charging far more than I would (and I would still be getting my target rate) for something because they likely have no understanding of what the job requires. In these cases I would likely have to raise my rate (and as a result make a killing) just so I don't look like the crazy cheap guy.