Georgia vs Massachusetts: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Georgia and Massachusetts. Updated for 2026.
Metric
Georgia
Massachusetts
Median Home Price
$340K
$595K
Property Tax Rate
0.92%
1.2%
Avg Closing Costs
$5K
$10K
Closing Cost %
1.5%
1.6%
Transfer Tax
0.1%
0.456%
Homeowners Insurance
$2,200/yr
$2,200/yr
First-Time Buyer Program
Georgia Dream Homeownership
Up to $10,000 DPA
MassHousing DPA
Up to $50,000 DPA loan
Verdict
Georgia wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $340K and lower overall costs, Georgia offers meaningful savings compared to Massachusetts. Both states offer first-time buyer programs — explore the state pages for full details.