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North Dakota vs Rhode Island:
Mortgage & Housing Costs

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

MetricNorth DakotaRhode Island
Median Home Price$255K$425K
Property Tax Rate0.98%1.53%
Avg Closing Costs$3K$7K
Closing Cost %1.1%1.7%
Transfer TaxNone0.46%
Homeowners Insurance$2,100/yr$2,200/yr
First-Time Buyer Program
NDHFA FirstHome
DCA up to $14,000
RIHousing First Homes
10K DPA forgivable
Verdict

North Dakota wins 6 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $255K and lower overall costs, North Dakota offers meaningful savings compared to Rhode Island. Both states offer first-time buyer programs — explore the state pages for full details.

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