All else being equal, are lower gear ratios easier to climb versus higher gear ratios?

Suppose I have two bikes set up as follows:

Bike 1
Cog/Cassette 30/27
Gear ratio = 1.1111
Roll out = 94.25 inches
Cadence = 60
Speed = 5.35 mph

Bike 2
Cog/Cassette 34/34
Gear ratio = 1.0000
Roll out = 84.82 inches
Cadence = 60
Speed = 4.82 mph

Which setup will be easier to climb with? I think it would be Bike 2, but I want to make sure I'm evaluating this correctly.

Thanks much for the help.
Glenn