Hawaii vs North Carolina: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Hawaii and North Carolina. Updated for 2026.
Metric
Hawaii
North Carolina
Median Home Price
$830K
$340K
Property Tax Rate
0.28%
0.78%
Avg Closing Costs
$12K
$5K
Closing Cost %
1.5%
1.4%
Transfer Tax
0.2%
0.2%
Homeowners Insurance
$1,200/yr
$2,300/yr
First-Time Buyer Program
HHFDC Hula Mae Program
Below-market rate mortgages
NC Home Advantage Mortgage
Up to 5% DPA
Verdict
North Carolina wins 3 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $340K and lower overall costs, North Carolina offers meaningful savings compared to Hawaii. Both states offer first-time buyer programs — explore the state pages for full details.