What about the (cost to hire a local) + (costs of employing that local person annually) = (cost to hire a H1B) + (costs of employing that H1B person). The cost

What about the (cost to hire a local) + (costs of employing that local person annually) = (cost to hire a H1B) + (costs of employing that H1B person). The cost to hire that h1B person is going to be much higher and hence the lower wage.