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ttreads
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AlexMBAApply
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This is one of those very personal decisions - some people will say its worth it, others will not. What I suggest is to visit some of these local programs, get a feel for the kinds of students that are there. And visit some of the top tier ones as well (UCLA, Stanford, Haas - if you have time to go east to visit, go for it; but while the environment at the top west coast schools like UCLA, Stanford and Haas are slightly different (a bit more laid back), the caliber and career ambitions of the students are comparable to what you'll see out east. Make your decision that way whether you feel it's worth it for you to apply, and/or whether it's worth it for you to just stay local.