Oklahoma vs Rhode Island: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Oklahoma and Rhode Island. Updated for 2026.
Metric
Oklahoma
Rhode Island
Median Home Price
$210K
$425K
Property Tax Rate
0.88%
1.53%
Avg Closing Costs
$3K
$7K
Closing Cost %
1.3%
1.7%
Transfer Tax
0.075%
0.46%
Homeowners Insurance
$3,600/yr
$2,200/yr
First-Time Buyer Program
OHFA Homebuyer DPA
Up to 3.5% DPA
RIHousing First Homes
10K DPA forgivable
Verdict
Oklahoma wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $210K and lower overall costs, Oklahoma offers meaningful savings compared to Rhode Island. Both states offer first-time buyer programs — explore the state pages for full details.