M
MortgageMath
Free mortgage calculators for every state

Kentucky vs South Dakota:
Mortgage & Housing Costs

Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Kentucky and South Dakota. Updated for 2026.

MetricKentuckySouth Dakota
Median Home Price$210K$295K
Property Tax Rate0.83%1.22%
Avg Closing Costs$3K$2K
Closing Cost %1.4%0.7%
Transfer Tax0.1%0.1%
Homeowners Insurance$2,400/yr$2,300/yr
First-Time Buyer Program
KHC Regular DAP
Up to $6,000 repayable loan
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
Verdict

South Dakota wins 3 of 6 cost categories, making it the more affordable state for homebuyers overall. However, Kentucky has a lower total cost when combining home price, closing costs, and insurance. Both states offer first-time buyer programs — explore the state pages for full details.

Explore Each State

Kentucky$210K
0.83% tax · $3K closing · $2,400/yr insurance
South Dakota$295K
1.22% tax · $2K closing · $2,300/yr insurance
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Kentucky or South Dakota.
Rent vs Buy Calculator →
The First-Time Buyer Playbook
Free weekly guide: mortgage tips, market updates, and money-saving strategies. No spam.