You’d think Booth, Kellogg, and Ross would hold home field advantage here. Apparently, familiarity breeds contempt – salary-wise, at least. Here, Booth and Kellogg MBAs, for example, make less than they do in the Southwest, West, and Northeast. Lower cost of living, maybe? Perhaps – though Stanford and Stern grads earned more in the Midwest than anywhere else (though these numbers were derived from three graduates each). A better measure is Harvard and Wharton, which sent 30 and 28 2015 graduates to Midwestern firms respectively (with Wharton averaging $136,172 on average and topping out at $300,000 compared to $129,750 and $170,000 at Harvard by the same measure).