Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Florida and Nebraska. Updated for 2026.
Metric
Florida
Nebraska
Median Home Price
$395K
$245K
Property Tax Rate
0.86%
1.73%
Avg Closing Costs
$7K
$3K
Closing Cost %
1.8%
1.3%
Transfer Tax
0.7%
0.23%
Homeowners Insurance
$4,200/yr
$2,800/yr
First-Time Buyer Program
Florida Hometown Heroes
Up to 5% as 0% deferred loan
NIFA Homebuyer Assistance
Up to 5% DPA
Verdict
Nebraska wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $245K and lower overall costs, Nebraska offers meaningful savings compared to Florida. Both states offer first-time buyer programs — explore the state pages for full details.