Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Georgia and Indiana. Updated for 2026.
Metric
Georgia
Indiana
Median Home Price
$340K
$240K
Property Tax Rate
0.92%
0.84%
Avg Closing Costs
$5K
$3K
Closing Cost %
1.5%
1.1%
Transfer Tax
0.1%
None
Homeowners Insurance
$2,200/yr
$1,700/yr
First-Time Buyer Program
Georgia Dream Homeownership
Up to $10,000 DPA
IHCDA Next Home
Up to 6% DPA
Verdict
Indiana wins 6 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $240K and lower overall costs, Indiana offers meaningful savings compared to Georgia. Both states offer first-time buyer programs — explore the state pages for full details.