Louisiana vs Massachusetts: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Louisiana and Massachusetts. Updated for 2026.
Metric
Louisiana
Massachusetts
Median Home Price
$195K
$595K
Property Tax Rate
0.55%
1.2%
Avg Closing Costs
$3K
$10K
Closing Cost %
1.6%
1.6%
Transfer Tax
None
0.456%
Homeowners Insurance
$3,500/yr
$2,200/yr
First-Time Buyer Program
LHC Resilience Soft Second
Up to $55,000 forgivable
MassHousing DPA
Up to $50,000 DPA loan
Verdict
Louisiana wins 4 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 Massachusetts. Both states offer first-time buyer programs — explore the state pages for full details.