Cost of Ownership · By State
The true cost of owning a home, state by state
A representative monthly cost for a median-value home in every state — the full picture, not just the mortgage payment. Built from the Census median home value and property-tax rate, the NAIC average premium, and the current 30-year rate. Pick a state for the breakdown.
Methodology true-cost-v3
Alabama$1,758/moAlaska$3,019/moArizona$3,147/moArkansas$1,617/moCalifornia$5,963/moColorado$4,363/moConnecticut$3,407/moDelaware$2,832/moDistrict of Columbia$5,904/moFlorida$3,095/moGeorgia$2,567/moHawaii$6,487/moIdaho$3,337/moIllinois$2,493/moIndiana$1,841/moIowa$1,879/moKansas$1,965/moKentucky$1,756/moLouisiana$1,910/moMaine$2,528/moMaryland$3,550/moMassachusetts$4,796/moMichigan$2,036/moMinnesota$2,853/moMississippi$1,511/moMissouri$1,998/moMontana$3,129/moNebraska$2,209/moNevada$3,455/moNew Hampshire$3,620/moNew Jersey$4,264/moNew Mexico$2,082/moNew York$3,806/moNorth Carolina$2,421/moNorth Dakota$2,157/moOhio$1,900/moOklahoma$1,794/moOregon$3,916/moPennsylvania$2,244/moRhode Island$3,559/moSouth Carolina$2,143/moSouth Dakota$2,269/moTennessee$2,356/moTexas$2,643/moUtah$3,894/moVermont$2,844/moVirginia$3,170/moWashington$4,635/moWest Virginia$1,363/moWisconsin$2,359/moWyoming$2,562/mo