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$1,669/moAlaska$2,870/moArizona$2,981/moArkansas$1,537/moCalifornia$5,653/moColorado$4,136/moConnecticut$3,253/moDelaware$2,684/moDistrict of Columbia$5,593/moFlorida$2,944/moGeorgia$2,439/moHawaii$6,133/moIdaho$3,160/moIllinois$2,382/moIndiana$1,749/moIowa$1,792/moKansas$1,873/moKentucky$1,670/moLouisiana$1,819/moMaine$2,402/moMaryland$3,373/moMassachusetts$4,559/moMichigan$1,938/moMinnesota$2,714/moMississippi$1,439/moMissouri$1,901/moMontana$2,971/moNebraska$2,108/moNevada$3,271/moNew Hampshire$3,450/moNew Jersey$4,073/moNew Mexico$1,977/moNew York$3,627/moNorth Carolina$2,299/moNorth Dakota$2,051/moOhio$1,810/moOklahoma$1,710/moOregon$3,714/moPennsylvania$2,137/moRhode Island$3,388/moSouth Carolina$2,034/moSouth Dakota$2,161/moTennessee$2,235/moTexas$2,523/moUtah$3,687/moVermont$2,711/moVirginia$3,008/moWashington$4,396/moWest Virginia$1,294/moWisconsin$2,246/moWyoming$2,431/mo