Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Hawaii and South Dakota. Updated for 2026.
Metric
Hawaii
South Dakota
Median Home Price
$830K
$295K
Property Tax Rate
0.28%
1.22%
Avg Closing Costs
$12K
$2K
Closing Cost %
1.5%
0.7%
Transfer Tax
0.2%
0.1%
Homeowners Insurance
$1,200/yr
$2,300/yr
First-Time Buyer Program
HHFDC Hula Mae Program
Below-market rate mortgages
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
Verdict
South Dakota wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $295K and lower overall costs, South Dakota offers meaningful savings compared to Hawaii. Both states offer first-time buyer programs — explore the state pages for full details.