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States with the Lowest Closing Costs by Percentage (2026)

Closing costs as a percentage of the home price can range from under 1% to over 3% depending on the state. Transfer taxes, title insurance requirements, and attorney mandates are the biggest factors driving these differences. These are the states where closing costs take the smallest bite relative to your purchase price.

South Dakota

Median: $295KTax: 1.22%Insurance: $2,300/yr

0.7%

Closing Cost %

Missouri

Median: $235KTax: 0.97%Insurance: $2,200/yr

0.9%

Closing Cost %

Iowa

Median: $210KTax: 1.52%Insurance: $1,800/yr

1%

Closing Cost %

Indiana

Median: $240KTax: 0.84%Insurance: $1,700/yr

1.1%

Closing Cost %

North Dakota

Median: $255KTax: 0.98%Insurance: $2,100/yr

1.1%

Closing Cost %

Wyoming

Median: $340KTax: 0.61%Insurance: $1,800/yr

1.1%

Closing Cost %

California

Median: $785KTax: 0.73%Insurance: $2,200/yr

1.2%

Closing Cost %

Kansas

Median: $225KTax: 1.41%Insurance: $2,900/yr

1.3%

Closing Cost %

Nebraska

Median: $245KTax: 1.73%Insurance: $2,800/yr

1.3%

Closing Cost %

Oklahoma

Median: $210KTax: 0.88%Insurance: $3,600/yr

1.3%

Closing Cost %

South Carolina

Median: $305KTax: 0.57%Insurance: $2,600/yr

1.3%

Closing Cost %

Utah

Median: $480KTax: 0.58%Insurance: $1,200/yr

1.3%

Closing Cost %

Alabama

Median: $230KTax: 0.41%Insurance: $1,950/yr

1.4%

Closing Cost %

Colorado

Median: $520KTax: 0.51%Insurance: $3,200/yr

1.4%

Closing Cost %

Kentucky

Median: $210KTax: 0.83%Insurance: $2,400/yr

1.4%

Closing Cost %

Minnesota

Median: $335KTax: 1.12%Insurance: $2,100/yr

1.4%

Closing Cost %

Mississippi

Median: $175KTax: 0.8%Insurance: $2,400/yr

1.4%

Closing Cost %

New Mexico

Median: $280KTax: 0.8%Insurance: $1,900/yr

1.4%

Closing Cost %

North Carolina

Median: $340KTax: 0.78%Insurance: $2,300/yr

1.4%

Closing Cost %

Ohio

Median: $215KTax: 1.56%Insurance: $1,400/yr

1.4%

Closing Cost %

Oregon

Median: $480KTax: 0.93%Insurance: $1,400/yr

1.4%

Closing Cost %

Washington

Median: $580KTax: 0.98%Insurance: $1,600/yr

1.4%

Closing Cost %

Wisconsin

Median: $280KTax: 1.76%Insurance: $1,300/yr

1.4%

Closing Cost %

Arkansas

Median: $195KTax: 0.62%Insurance: $2,500/yr

1.5%

Closing Cost %

Georgia

Median: $340KTax: 0.92%Insurance: $2,200/yr

1.5%

Closing Cost %

Hawaii

Median: $830KTax: 0.28%Insurance: $1,200/yr

1.5%

Closing Cost %

Idaho

Median: $420KTax: 0.63%Insurance: $1,600/yr

1.5%

Closing Cost %

Maine

Median: $350KTax: 1.3%Insurance: $1,300/yr

1.5%

Closing Cost %

Michigan

Median: $240KTax: 1.54%Insurance: $1,800/yr

1.5%

Closing Cost %

Montana

Median: $430KTax: 0.74%Insurance: $2,100/yr

1.5%

Closing Cost %

Nevada

Median: $425KTax: 0.53%Insurance: $1,700/yr

1.5%

Closing Cost %

Tennessee

Median: $340KTax: 0.56%Insurance: $2,400/yr

1.5%

Closing Cost %

Virginia

Median: $400KTax: 0.82%Insurance: $1,700/yr

1.5%

Closing Cost %

West Virginia

Median: $155KTax: 0.58%Insurance: $1,400/yr

1.5%

Closing Cost %

Arizona

Median: $380KTax: 0.62%Insurance: $2,100/yr

1.6%

Closing Cost %

Louisiana

Median: $195KTax: 0.55%Insurance: $3,500/yr

1.6%

Closing Cost %

Massachusetts

Median: $595KTax: 1.2%Insurance: $2,200/yr

1.6%

Closing Cost %

New Hampshire

Median: $430KTax: 2.09%Insurance: $1,400/yr

1.6%

Closing Cost %

Vermont

Median: $380KTax: 1.9%Insurance: $1,100/yr

1.6%

Closing Cost %

Pennsylvania

Median: $280KTax: 1.36%Insurance: $1,400/yr

1.7%

Closing Cost %

Rhode Island

Median: $425KTax: 1.53%Insurance: $2,200/yr

1.7%

Closing Cost %

Texas

Median: $310KTax: 1.8%Insurance: $3,800/yr

1.7%

Closing Cost %

Alaska

Median: $350KTax: 1.19%Insurance: $1,400/yr

1.8%

Closing Cost %

Florida

Median: $395KTax: 0.86%Insurance: $4,200/yr

1.8%

Closing Cost %

Illinois

Median: $270KTax: 2.07%Insurance: $1,900/yr

2%

Closing Cost %

New Jersey

Median: $505KTax: 2.47%Insurance: $1,500/yr

2%

Closing Cost %

Connecticut

Median: $405KTax: 2.15%Insurance: $2,100/yr

2.1%

Closing Cost %

Maryland

Median: $420KTax: 1.09%Insurance: $1,700/yr

2.5%

Closing Cost %

New York

Median: $430KTax: 1.72%Insurance: $2,100/yr

2.8%

Closing Cost %

Delaware

Median: $355KTax: 0.56%Insurance: $1,300/yr

3.3%

Closing Cost %

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