Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Florida and Washington. Updated for 2026.
Metric
Florida
Washington
Median Home Price
$395K
$580K
Property Tax Rate
0.86%
0.98%
Avg Closing Costs
$7K
$8K
Closing Cost %
1.8%
1.4%
Transfer Tax
0.7%
1.78%
Homeowners Insurance
$4,200/yr
$1,600/yr
First-Time Buyer Program
Florida Hometown Heroes
Up to 5% as 0% deferred loan
WSHFC Home Advantage
Up to $10,000 DPA
Verdict
Florida wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $395K and lower overall costs, Florida offers meaningful savings compared to Washington. Both states offer first-time buyer programs — explore the state pages for full details.