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$1,678/moAlaska$2,885/moArizona$2,997/moArkansas$1,545/moCalifornia$5,684/moColorado$4,158/moConnecticut$3,268/moDelaware$2,698/moDistrict of Columbia$5,624/moFlorida$2,959/moGeorgia$2,452/moHawaii$6,168/moIdaho$3,178/moIllinois$2,393/moIndiana$1,758/moIowa$1,800/moKansas$1,882/moKentucky$1,678/moLouisiana$1,828/moMaine$2,415/moMaryland$3,391/moMassachusetts$4,582/moMichigan$1,948/moMinnesota$2,728/moMississippi$1,446/moMissouri$1,910/moMontana$2,986/moNebraska$2,118/moNevada$3,290/moNew Hampshire$3,466/moNew Jersey$4,092/moNew Mexico$1,988/moNew York$3,645/moNorth Carolina$2,311/moNorth Dakota$2,062/moOhio$1,819/moOklahoma$1,718/moOregon$3,734/moPennsylvania$2,147/moRhode Island$3,405/moSouth Carolina$2,045/moSouth Dakota$2,172/moTennessee$2,247/moTexas$2,535/moUtah$3,707/moVermont$2,724/moVirginia$3,024/moWashington$4,420/moWest Virginia$1,301/moWisconsin$2,258/moWyoming$2,444/mo