Truck Rental 28% Higher for LA to LV than LV to LA

LRA/OJcmkSS7sh4/s1600-h/uhaul.bmp"> I posted a few days ago about TV ads sponsored by the Nevada Development Authority encouraging California businesses to move to Las Vegas for lower taxes and less red tape. The chart above (click to enlarge) of U-Haul rates for one-way truck rentals provides some interesting evidence that the ad campaign might be working, since the demand for trucks leaving LA for Las Vegas is much higher than for trucks in the opposite direction, based on the differences in rental rates for the same equipment (26-foot truck).
Bottom Line: The rental rate is $364 for a one-way truck rental from LA to Las Vegas, which is 28.7% higher than for a one-way rental from Las Vegas to L.A., suggesting there is a net outmigration from LA to Las Vegas.