Home / Rankings / Lowest Housing Costs States with the Lowest Total Housing Costs (2026) Total housing costs encompass more than just the sticker price, but median home price remains the single strongest predictor of overall affordability. States where median prices stay below $225,000 offer dramatically lower mortgage payments, smaller down payments, and reduced insurance premiums. Here are all 50 states ranked by median home price.
1
$155,000
Median Home Price
2
$175,000
Median Home Price
3
Arkansas Median: $195K Tax: 0.62% Insurance: $2,500/yr
$195,000
Median Home Price
4
Louisiana Median: $195K Tax: 0.55% Insurance: $3,500/yr
$195,000
Median Home Price
5
Iowa Median: $210K Tax: 1.52% Insurance: $1,800/yr
$210,000
Median Home Price
6
Kentucky Median: $210K Tax: 0.83% Insurance: $2,400/yr
$210,000
Median Home Price
7
Oklahoma Median: $210K Tax: 0.88% Insurance: $3,600/yr
$210,000
Median Home Price
8
Ohio Median: $215K Tax: 1.56% Insurance: $1,400/yr
$215,000
Median Home Price
9
Kansas Median: $225K Tax: 1.41% Insurance: $2,900/yr
$225,000
Median Home Price
10
Alabama Median: $230K Tax: 0.41% Insurance: $1,950/yr
$230,000
Median Home Price
11
Missouri Median: $235K Tax: 0.97% Insurance: $2,200/yr
$235,000
Median Home Price
12
Indiana Median: $240K Tax: 0.84% Insurance: $1,700/yr
$240,000
Median Home Price
13
Michigan Median: $240K Tax: 1.54% Insurance: $1,800/yr
$240,000
Median Home Price
14
Nebraska Median: $245K Tax: 1.73% Insurance: $2,800/yr
$245,000
Median Home Price
15
$255,000
Median Home Price
16
Illinois Median: $270K Tax: 2.07% Insurance: $1,900/yr
$270,000
Median Home Price
17
New Mexico Median: $280K Tax: 0.8% Insurance: $1,900/yr
$280,000
Median Home Price
18
$280,000
Median Home Price
19
Wisconsin Median: $280K Tax: 1.76% Insurance: $1,300/yr
$280,000
Median Home Price
20
$295,000
Median Home Price
21
$305,000
Median Home Price
22
Texas Median: $310K Tax: 1.8% Insurance: $3,800/yr
$310,000
Median Home Price
23
Minnesota Median: $335K Tax: 1.12% Insurance: $2,100/yr
$335,000
Median Home Price
24
Georgia Median: $340K Tax: 0.92% Insurance: $2,200/yr
$340,000
Median Home Price
25
$340,000
Median Home Price
26
Tennessee Median: $340K Tax: 0.56% Insurance: $2,400/yr
$340,000
Median Home Price
27
Wyoming Median: $340K Tax: 0.61% Insurance: $1,800/yr
$340,000
Median Home Price
28
Alaska Median: $350K Tax: 1.19% Insurance: $1,400/yr
$350,000
Median Home Price
29
Maine Median: $350K Tax: 1.3% Insurance: $1,300/yr
$350,000
Median Home Price
30
Delaware Median: $355K Tax: 0.56% Insurance: $1,300/yr
$355,000
Median Home Price
31
Arizona Median: $380K Tax: 0.62% Insurance: $2,100/yr
$380,000
Median Home Price
32
Vermont Median: $380K Tax: 1.9% Insurance: $1,100/yr
$380,000
Median Home Price
33
Florida Median: $395K Tax: 0.86% Insurance: $4,200/yr
$395,000
Median Home Price
34
Virginia Median: $400K Tax: 0.82% Insurance: $1,700/yr
$400,000
Median Home Price
35
$405,000
Median Home Price
36
Idaho Median: $420K Tax: 0.63% Insurance: $1,600/yr
$420,000
Median Home Price
37
Maryland Median: $420K Tax: 1.09% Insurance: $1,700/yr
$420,000
Median Home Price
38
Nevada Median: $425K Tax: 0.53% Insurance: $1,700/yr
$425,000
Median Home Price
39
$425,000
Median Home Price
40
Montana Median: $430K Tax: 0.74% Insurance: $2,100/yr
$430,000
Median Home Price
41
$430,000
Median Home Price
42
New York Median: $430K Tax: 1.72% Insurance: $2,100/yr
$430,000
Median Home Price
43
Oregon Median: $480K Tax: 0.93% Insurance: $1,400/yr
$480,000
Median Home Price
44
Utah Median: $480K Tax: 0.58% Insurance: $1,200/yr
$480,000
Median Home Price
45
New Jersey Median: $505K Tax: 2.47% Insurance: $1,500/yr
$505,000
Median Home Price
46
Colorado Median: $520K Tax: 0.51% Insurance: $3,200/yr
$520,000
Median Home Price
47
Washington Median: $580K Tax: 0.98% Insurance: $1,600/yr
$580,000
Median Home Price
48
$595,000
Median Home Price
49
California Median: $785K Tax: 0.73% Insurance: $2,200/yr
$785,000
Median Home Price
50
Hawaii Median: $830K Tax: 0.28% Insurance: $1,200/yr
$830,000
Median Home Price
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