Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Idaho and Indiana. Updated for 2026.
Metric
Idaho
Indiana
Median Home Price
$420K
$240K
Property Tax Rate
0.63%
0.84%
Avg Closing Costs
$6K
$3K
Closing Cost %
1.5%
1.1%
Transfer Tax
None
None
Homeowners Insurance
$1,600/yr
$1,700/yr
First-Time Buyer Program
Idaho Housing DPA
Up to 7% second mortgage
IHCDA Next Home
Up to 6% DPA
Verdict
Indiana wins 3 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 Idaho. Both states offer first-time buyer programs — explore the state pages for full details.