Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Connecticut and Montana. Updated for 2026.
Metric
Connecticut
Montana
Median Home Price
$405K
$430K
Property Tax Rate
2.15%
0.74%
Avg Closing Costs
$9K
$6K
Closing Cost %
2.1%
1.5%
Transfer Tax
1.25%
None
Homeowners Insurance
$2,100/yr
$2,100/yr
First-Time Buyer Program
CHFA Homebuyer Mortgage
Up to $20,000 DAP loan
MBOH Regular Bond Program
Up to $15,000 DPA
Verdict
Montana wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. However, Connecticut has a lower total cost when combining home price, closing costs, and insurance. Both states offer first-time buyer programs — explore the state pages for full details.