diff --git a/Lib/ensurepip/__init__.py b/Lib/ensurepip/__init__.py
index a198a86e1f9..d23fcad1398 100644
--- a/Lib/ensurepip/__init__.py
+++ b/Lib/ensurepip/__init__.py
@@ -10,7 +10,7 @@ from importlib import resources
 
 __all__ = ["version", "bootstrap"]
 _PACKAGE_NAMES = ('setuptools', 'pip')
-_SETUPTOOLS_VERSION = "58.1.0"
+_SETUPTOOLS_VERSION = "60.9.3"
 _PIP_VERSION = "22.0.4"
 _PROJECTS = [
     ("setuptools", _SETUPTOOLS_VERSION, "py3"),
diff --git a/Lib/ensurepip/_bundled/setuptools-58.1.0-py3-none-any.whl b/Lib/ensurepip/_bundled/setuptools-58.1.0-py3-none-any.whl
deleted file mode 100644
index 18c8c22958f..00000000000
Binary files a/Lib/ensurepip/_bundled/setuptools-58.1.0-py3-none-any.whl and /dev/null differ
diff --git a/Lib/ensurepip/_bundled/setuptools-60.9.3-py3-none-any.whl b/Lib/ensurepip/_bundled/setuptools-60.9.3-py3-none-any.whl
new file mode 100644
index 00000000000..b88ddc659ee
Binary files /dev/null and b/Lib/ensurepip/_bundled/setuptools-60.9.3-py3-none-any.whl differ
diff --git a/Misc/NEWS.d/next/Library/2022-03-11-13-54-27.bpo-46986.nF1meI.rst b/Misc/NEWS.d/next/Library/2022-03-11-13-54-27.bpo-46986.nF1meI.rst
new file mode 100644
index 00000000000..06dd1271902
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2022-03-11-13-54-27.bpo-46986.nF1meI.rst
@@ -0,0 +1 @@
+Upgrade setuptools wheel bundled with ensurepip (setuptools 60.9.3)