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$1,773/moAlaska$3,045/moArizona$3,176/moArkansas$1,630/moCalifornia$6,017/moColorado$4,403/moConnecticut$3,434/moDelaware$2,858/moDistrict of Columbia$5,959/moFlorida$3,121/moGeorgia$2,589/moHawaii$6,549/moIdaho$3,368/moIllinois$2,512/moIndiana$1,857/moIowa$1,895/moKansas$1,981/moKentucky$1,772/moLouisiana$1,926/moMaine$2,549/moMaryland$3,581/moMassachusetts$4,837/moMichigan$2,053/moMinnesota$2,877/moMississippi$1,523/moMissouri$2,015/moMontana$3,157/moNebraska$2,227/moNevada$3,487/moNew Hampshire$3,649/moNew Jersey$4,298/moNew Mexico$2,100/moNew York$3,837/moNorth Carolina$2,442/moNorth Dakota$2,175/moOhio$1,916/moOklahoma$1,809/moOregon$3,951/moPennsylvania$2,263/moRhode Island$3,588/moSouth Carolina$2,162/moSouth Dakota$2,288/moTennessee$2,377/moTexas$2,664/moUtah$3,930/moVermont$2,868/moVirginia$3,198/moWashington$4,676/moWest Virginia$1,375/moWisconsin$2,378/moWyoming$2,584/mo