Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Alaska and Colorado. Updated for 2026.
Metric
Alaska
Colorado
Median Home Price
$350K
$520K
Property Tax Rate
1.19%
0.51%
Avg Closing Costs
$6K
$7K
Closing Cost %
1.8%
1.4%
Transfer Tax
None
0.01%
Homeowners Insurance
$1,400/yr
$3,200/yr
First-Time Buyer Program
AHFC First-Time Homebuyer
Tax-exempt mortgage bonds
CHFA Down Payment Assistance
Up to $25,000 second mortgage
Verdict
Alaska wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $350K and lower overall costs, Alaska offers meaningful savings compared to Colorado. Both states offer first-time buyer programs — explore the state pages for full details.