This is exactly right. You're going to pay a dev on the order of $10,000 per month, then make it harder to do their job to save $14? That's idiocy.

The person responsible for picking our work laptops asked me for advice selecting our new Macs since our old model was being replaced:

"Do we really need to spend an extra $1000 for 64GB of RAM instead of 24GB?"

"That'd save us $300 per year, or about a dollar a day, over the deprecation schedule, and it'd make our devs slower. We spend more than this to have lunch catered."

"You know... good point. 64GB it is, then."

And that's how we opted for beefy machines on this hardware cycle. The guy I talked to is extremely smart and competent, but just hadn't looked at it from that angle. Once he saw it, he instantly bought in. There are dumb ways to save money with massive negative ROI, and cheaping out on basic equipment and resources is one of them.

Careful, at some companies that kind of talk leads to discontinuing catered lunch.