Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Florida and Vermont. Updated for 2026.
Metric
Florida
Vermont
Median Home Price
$395K
$380K
Property Tax Rate
0.86%
1.9%
Avg Closing Costs
$7K
$6K
Closing Cost %
1.8%
1.6%
Transfer Tax
0.7%
1.45%
Homeowners Insurance
$4,200/yr
$1,100/yr
First-Time Buyer Program
Florida Hometown Heroes
Up to 5% as 0% deferred loan
VHFA MOVE Mortgage
$5K–$15K DPA
Verdict
Vermont wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $380K and lower overall costs, Vermont offers meaningful savings compared to Florida. Both states offer first-time buyer programs — explore the state pages for full details.