Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Montana and South Dakota. Updated for 2026.
Metric
Montana
South Dakota
Median Home Price
$430K
$295K
Property Tax Rate
0.74%
1.22%
Avg Closing Costs
$6K
$2K
Closing Cost %
1.5%
0.7%
Transfer Tax
None
0.1%
Homeowners Insurance
$2,100/yr
$2,300/yr
First-Time Buyer Program
MBOH Regular Bond Program
Up to $15,000 DPA
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
Verdict
Montana 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.