Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Colorado and Idaho. Updated for 2026.
Metric
Colorado
Idaho
Median Home Price
$520K
$420K
Property Tax Rate
0.51%
0.63%
Avg Closing Costs
$7K
$6K
Closing Cost %
1.4%
1.5%
Transfer Tax
0.01%
None
Homeowners Insurance
$3,200/yr
$1,600/yr
First-Time Buyer Program
CHFA Down Payment Assistance
Up to $25,000 second mortgage
Idaho Housing DPA
Up to 7% second mortgage
Verdict
Idaho wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $420K and lower overall costs, Idaho offers meaningful savings compared to Colorado. Both states offer first-time buyer programs — explore the state pages for full details.