What a home costs each month depends as much on where you buy as on the price tag. Home values and property-tax rates vary widely across the US, so the same loan can mean very different payments. Pick your state for a full mortgage calculator and a breakdown of local home prices and property taxes.
| State | Median price | Property tax | Est. payment* |
|---|---|---|---|
| Alabama | $220,000 | 0.38% | $1,281/mo |
| Alaska | $360,000 | 1.11% | $2,316/mo |
| Arizona | $430,000 | 0.48% | $2,540/mo |
| Arkansas | $200,000 | 0.55% | $1,193/mo |
| California | $760,000 | 0.7% | $4,629/mo |
| Colorado | $540,000 | 0.48% | $3,190/mo |
| Connecticut | $380,000 | 1.81% | $2,666/mo |
| Delaware | $360,000 | 0.5% | $2,133/mo |
| Florida | $400,000 | 0.76% | $2,456/mo |
| Georgia | $330,000 | 0.77% | $2,029/mo |
| Hawaii | $840,000 | 0.27% | $4,815/mo |
| Idaho | $450,000 | 0.49% | $2,662/mo |
| Illinois | $270,000 | 2.01% | $1,939/mo |
| Indiana | $240,000 | 0.74% | $1,470/mo |
| Iowa | $220,000 | 1.39% | $1,466/mo |
| Kansas | $230,000 | 1.29% | $1,514/mo |
| Kentucky | $220,000 | 0.75% | $1,349/mo |
| Louisiana | $240,000 | 0.55% | $1,432/mo |
| Maine | $380,000 | 1.02% | $2,416/mo |
| Maryland | $410,000 | 0.97% | $2,589/mo |
| Massachusetts | $600,000 | 1.07% | $3,839/mo |
| Michigan | $240,000 | 1.25% | $1,572/mo |
| Minnesota | $340,000 | 1.02% | $2,161/mo |
| Mississippi | $180,000 | 0.72% | $1,099/mo |
| Missouri | $250,000 | 0.85% | $1,554/mo |
| Montana | $460,000 | 0.72% | $2,809/mo |
| Nebraska | $270,000 | 1.49% | $1,822/mo |
| Nevada | $450,000 | 0.47% | $2,654/mo |
| New Hampshire | $480,000 | 1.66% | $3,307/mo |
| New Jersey | $500,000 | 2.11% | $3,633/mo |
| New Mexico | $300,000 | 0.7% | $1,827/mo |
| New York | $450,000 | 1.55% | $3,059/mo |
| North Carolina | $340,000 | 0.66% | $2,059/mo |
| North Dakota | $270,000 | 0.99% | $1,710/mo |
| Ohio | $230,000 | 1.31% | $1,518/mo |
| Oklahoma | $210,000 | 0.8% | $1,296/mo |
| Oregon | $500,000 | 0.81% | $3,091/mo |
| Pennsylvania | $270,000 | 1.3% | $1,779/mo |
| Rhode Island | $440,000 | 1.21% | $2,867/mo |
| South Carolina | $300,000 | 0.48% | $1,772/mo |
| South Dakota | $290,000 | 1.06% | $1,853/mo |
| Tennessee | $340,000 | 0.5% | $2,014/mo |
| Texas | $350,000 | 1.49% | $2,362/mo |
| Utah | $520,000 | 0.52% | $3,089/mo |
| Vermont | $390,000 | 1.59% | $2,665/mo |
| Virginia | $400,000 | 0.73% | $2,446/mo |
| Washington | $600,000 | 0.81% | $3,709/mo |
| West Virginia | $160,000 | 0.53% | $952/mo |
| Wisconsin | $290,000 | 1.42% | $1,940/mo |
| Wyoming | $340,000 | 0.57% | $2,034/mo |
| District of Columbia | $600,000 | 0.58% | $3,594/mo |
*Estimated PITI at 20% down, 6.8% over 30 years, including property tax and insurance. Prices and rates are approximate 2026 averages and change over time.
Three things drive the gap between states: home prices, property-tax rates, and insurance. A buyer in a low-cost state like West Virginia or Mississippi finances a far smaller loan than one in California or Hawaii, so the principal and interest are lower. But property taxes can flip the math — states such as New Jersey, Illinois, and Texas levy high effective property-tax rates that add hundreds of dollars a month, even where homes are cheaper. The figure that matters is the all-in monthly payment, not the price alone.
Your real monthly payment combines four parts: principal and interest on the loan, property tax (set as a percentage of the home's value), and homeowners insurance. With less than 20% down, most loans also add private mortgage insurance until you reach 20% equity. The state pages above pre-fill local home prices and property-tax rates so you can see a realistic payment, then adjust the down payment, rate, and term to match your situation.
Open any state for a tailored calculator, or use the full mortgage calculator for amortization schedules and extra-payment scenarios. Check what you'll actually take home with the paycheck-by-state tool and weigh local sales taxes to compare the true cost of living between states.