$50 sounds low to me--I'm not on the sales side, but I'm told that $75 is closer to the minimum for, e.g. a Ruby skillset, and many shops, such as my employer,

$50 sounds low to me--I'm not on the sales side, but I'm told that $75 is closer to the minimum for, e.g. a Ruby skillset, and many shops, such as my employer, charge much more--but yes, at that rate you're better off going local, particularly for the colocation benefits.