Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Massachusetts and Nevada. Updated for 2026.
Metric
Massachusetts
Nevada
Median Home Price
$595K
$425K
Property Tax Rate
1.2%
0.53%
Avg Closing Costs
$10K
$6K
Closing Cost %
1.6%
1.5%
Transfer Tax
0.456%
0.52%
Homeowners Insurance
$2,200/yr
$1,700/yr
First-Time Buyer Program
MassHousing DPA
Up to $50,000 DPA loan
Home Is Possible DPA
Up to 5% forgivable grant
Verdict
Nevada wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $425K and lower overall costs, Nevada offers meaningful savings compared to Massachusetts. Both states offer first-time buyer programs — explore the state pages for full details.