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Unfortunately, the cost of a local rental in San Diego and Dallas doesn’t illuminate either, because they do both have the same rates: $20/day.
So taking the reverse side of that argument, does a $20 rental in San Diego and Dallas imply that the cost of business in both cities is the same?
I’m just saying that the rates are apples and oranges. Yes, there is a difference, but implying more than that requires a little bit more study.