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$1,715/moAlaska$2,948/moArizona$3,068/moArkansas$1,579/moCalifornia$5,816/moColorado$4,255/moConnecticut$3,334/moDelaware$2,762/moDistrict of Columbia$5,757/moFlorida$3,023/moGeorgia$2,506/moHawaii$6,319/moIdaho$3,253/moIllinois$2,440/moIndiana$1,797/moIowa$1,838/moKansas$1,922/moKentucky$1,715/moLouisiana$1,867/moMaine$2,468/moMaryland$3,466/moMassachusetts$4,683/moMichigan$1,990/moMinnesota$2,787/moMississippi$1,477/moMissouri$1,952/moMontana$3,054/moNebraska$2,161/moNevada$3,368/moNew Hampshire$3,539/moNew Jersey$4,173/moNew Mexico$2,032/moNew York$3,721/moNorth Carolina$2,363/moNorth Dakota$2,107/moOhio$1,857/moOklahoma$1,754/moOregon$3,820/moPennsylvania$2,193/moRhode Island$3,478/moSouth Carolina$2,091/moSouth Dakota$2,218/moTennessee$2,299/moTexas$2,586/moUtah$3,795/moVermont$2,781/moVirginia$3,093/moWashington$4,521/moWest Virginia$1,330/moWisconsin$2,305/moWyoming$2,500/mo