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$1,545/moAlaska$2,694/moArizona$2,700/moArkansas$1,430/moCalifornia$5,302/moColorado$3,820/moConnecticut$3,052/moDelaware$2,477/moDistrict of Columbia$5,431/moFlorida$2,664/moGeorgia$2,193/moHawaii$5,842/moIdaho$2,828/moIllinois$2,262/moIndiana$1,606/moIowa$1,682/moKansas$1,747/moKentucky$1,554/moLouisiana$1,743/moMaine$2,160/moMaryland$3,175/moMassachusetts$4,245/moMichigan$1,813/moMinnesota$2,508/moMississippi$1,365/moMissouri$1,774/moMontana$2,666/moNebraska$1,969/moNevada$3,027/moNew Hampshire$3,158/moNew Jersey$3,845/moNew Mexico$1,841/moNew York$3,436/moNorth Carolina$2,065/moNorth Dakota$1,963/moOhio$1,675/moOklahoma$1,590/moOregon$3,502/moPennsylvania$2,012/moRhode Island$3,106/moSouth Carolina$1,854/moSouth Dakota$1,986/moTennessee$2,002/moTexas$2,328/moUtah$3,398/moVermont$2,497/moVirginia$2,808/moWashington$4,023/moWest Virginia$1,229/moWisconsin$2,088/moWyoming$2,226/mo