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$1,745/moAlaska$2,997/moArizona$3,123/moArkansas$1,605/moCalifornia$5,918/moColorado$4,331/moConnecticut$3,385/moDelaware$2,811/moDistrict of Columbia$5,859/moFlorida$3,073/moGeorgia$2,549/moHawaii$6,436/moIdaho$3,311/moIllinois$2,477/moIndiana$1,828/moIowa$1,867/moKansas$1,952/moKentucky$1,744/moLouisiana$1,897/moMaine$2,509/moMaryland$3,525/moMassachusetts$4,762/moMichigan$2,022/moMinnesota$2,833/moMississippi$1,501/moMissouri$1,984/moMontana$3,106/moNebraska$2,195/moNevada$3,429/moNew Hampshire$3,595/moNew Jersey$4,237/moNew Mexico$2,067/moNew York$3,780/moNorth Carolina$2,404/moNorth Dakota$2,142/moOhio$1,887/moOklahoma$1,782/moOregon$3,886/moPennsylvania$2,228/moRhode Island$3,534/moSouth Carolina$2,127/moSouth Dakota$2,254/moTennessee$2,339/moTexas$2,626/moUtah$3,864/moVermont$2,825/moVirginia$3,147/moWashington$4,600/moWest Virginia$1,353/moWisconsin$2,343/moWyoming$2,543/mo