Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Alaska and North Dakota. Updated for 2026.
Metric
Alaska
North Dakota
Median Home Price
$350K
$255K
Property Tax Rate
1.19%
0.98%
Avg Closing Costs
$6K
$3K
Closing Cost %
1.8%
1.1%
Transfer Tax
None
None
Homeowners Insurance
$1,400/yr
$2,100/yr
First-Time Buyer Program
AHFC First-Time Homebuyer
Tax-exempt mortgage bonds
NDHFA FirstHome
DCA up to $14,000
Verdict
North Dakota wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $255K and lower overall costs, North Dakota offers meaningful savings compared to Alaska. Both states offer first-time buyer programs — explore the state pages for full details.