Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Idaho and Louisiana. Updated for 2026.
Metric
Idaho
Louisiana
Median Home Price
$420K
$195K
Property Tax Rate
0.63%
0.55%
Avg Closing Costs
$6K
$3K
Closing Cost %
1.5%
1.6%
Transfer Tax
None
None
Homeowners Insurance
$1,600/yr
$3,500/yr
First-Time Buyer Program
Idaho Housing DPA
Up to 7% second mortgage
LHC Resilience Soft Second
Up to $55,000 forgivable
Verdict
Louisiana wins 3 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $195K and lower overall costs, Louisiana offers meaningful savings compared to Idaho. Both states offer first-time buyer programs — explore the state pages for full details.