Home / Rankings / Lowest Upfront Costs States with the Lowest Upfront Home Buying Costs (2026) Upfront buying costs — closing fees, transfer taxes, prepaid insurance, and escrow reserves — can add $2,000 to $15,000+ on top of your down payment. States with minimal transfer taxes and low closing cost percentages let you keep more cash in your pocket after closing. Here are all 50 states ranked by average upfront closing costs.
2
Iowa Median: $210K Tax: 1.52% Insurance: $1,800/yr
3
Missouri Median: $235K Tax: 0.97% Insurance: $2,200/yr
6
Indiana Median: $240K Tax: 0.84% Insurance: $1,700/yr
7
Oklahoma Median: $210K Tax: 0.88% Insurance: $3,600/yr
9
Arkansas Median: $195K Tax: 0.62% Insurance: $2,500/yr
10
Kansas Median: $225K Tax: 1.41% Insurance: $2,900/yr
11
Kentucky Median: $210K Tax: 0.83% Insurance: $2,400/yr
12
Ohio Median: $215K Tax: 1.56% Insurance: $1,400/yr
13
Louisiana Median: $195K Tax: 0.55% Insurance: $3,500/yr
14
Nebraska Median: $245K Tax: 1.73% Insurance: $2,800/yr
15
Alabama Median: $230K Tax: 0.41% Insurance: $1,950/yr
16
Michigan Median: $240K Tax: 1.54% Insurance: $1,800/yr
17
Wyoming Median: $340K Tax: 0.61% Insurance: $1,800/yr
18
New Mexico Median: $280K Tax: 0.8% Insurance: $1,900/yr
19
Wisconsin Median: $280K Tax: 1.76% Insurance: $1,300/yr
21
Minnesota Median: $335K Tax: 1.12% Insurance: $2,100/yr
24
Georgia Median: $340K Tax: 0.92% Insurance: $2,200/yr
25
Tennessee Median: $340K Tax: 0.56% Insurance: $2,400/yr
26
Maine Median: $350K Tax: 1.3% Insurance: $1,300/yr
27
Texas Median: $310K Tax: 1.8% Insurance: $3,800/yr
28
Illinois Median: $270K Tax: 2.07% Insurance: $1,900/yr
29
Virginia Median: $400K Tax: 0.82% Insurance: $1,700/yr
30
Arizona Median: $380K Tax: 0.62% Insurance: $2,100/yr
31
Vermont Median: $380K Tax: 1.9% Insurance: $1,100/yr
32
Utah Median: $480K Tax: 0.58% Insurance: $1,200/yr
33
Alaska Median: $350K Tax: 1.19% Insurance: $1,400/yr
34
Idaho Median: $420K Tax: 0.63% Insurance: $1,600/yr
35
Nevada Median: $425K Tax: 0.53% Insurance: $1,700/yr
36
Montana Median: $430K Tax: 0.74% Insurance: $2,100/yr
37
Oregon Median: $480K Tax: 0.93% Insurance: $1,400/yr
39
Florida Median: $395K Tax: 0.86% Insurance: $4,200/yr
41
Colorado Median: $520K Tax: 0.51% Insurance: $3,200/yr
42
Washington Median: $580K Tax: 0.98% Insurance: $1,600/yr
44
California Median: $785K Tax: 0.73% Insurance: $2,200/yr
46
New Jersey Median: $505K Tax: 2.47% Insurance: $1,500/yr
47
Maryland Median: $420K Tax: 1.09% Insurance: $1,700/yr
48
Delaware Median: $355K Tax: 0.56% Insurance: $1,300/yr
49
New York Median: $430K Tax: 1.72% Insurance: $2,100/yr
50
Hawaii Median: $830K Tax: 0.28% Insurance: $1,200/yr
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