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Louisiana vs South Dakota:
Mortgage & Housing Costs

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

MetricLouisianaSouth Dakota
Median Home Price$195K$295K
Property Tax Rate0.55%1.22%
Avg Closing Costs$3K$2K
Closing Cost %1.6%0.7%
Transfer TaxNone0.1%
Homeowners Insurance$3,500/yr$2,300/yr
First-Time Buyer Program
LHC Resilience Soft Second
Up to $55,000 forgivable
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
Verdict

Louisiana and South Dakota are evenly matched across major housing cost categories. Your decision may come down to other factors like job market, climate, or lifestyle preferences. Use the calculators below to model your specific scenario.

Explore Each State

Louisiana$195K
0.55% tax · $3K closing · $3,500/yr insurance
South Dakota$295K
1.22% tax · $2K closing · $2,300/yr insurance
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