I disagree with the undervaluing of logo. I think many logo creators OVER value themselves. When you ask them why you have to spend $3,000? they get upset. I had very great logos in the $300-$500 range.

The standard of living is different in each country. You can easily get $3,000 for a logo in USA/Canada, If you go somewhere like India, Philippines you can get a logo for $300.

The ones devaluing logos are the ones charging $3,000 and calling the great designers in India, Philippines and so forth to be lower quality.