Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Florida and Pennsylvania. Updated for 2026.
Metric
Florida
Pennsylvania
Median Home Price
$395K
$280K
Property Tax Rate
0.86%
1.36%
Avg Closing Costs
$7K
$5K
Closing Cost %
1.8%
1.7%
Transfer Tax
0.7%
2%
Homeowners Insurance
$4,200/yr
$1,400/yr
First-Time Buyer Program
Florida Hometown Heroes
Up to 5% as 0% deferred loan
PHFA Keystone Advantage
Up to $6,000 DPA
Verdict
Pennsylvania wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $280K and lower overall costs, Pennsylvania offers meaningful savings compared to Florida. Both states offer first-time buyer programs — explore the state pages for full details.