South Carolina vs Wyoming: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between South Carolina and Wyoming. Updated for 2026.
Metric
South Carolina
Wyoming
Median Home Price
$305K
$340K
Property Tax Rate
0.57%
0.61%
Avg Closing Costs
$4K
$4K
Closing Cost %
1.3%
1.1%
Transfer Tax
0.37%
None
Homeowners Insurance
$2,600/yr
$1,800/yr
First-Time Buyer Program
SC Housing Palmetto Home
Up to $8,000 forgivable
WCDA Spruce Up Wyoming
Below-market rate loans
Verdict
Wyoming wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. However, South Carolina has a lower total cost when combining home price, closing costs, and insurance. Both states offer first-time buyer programs — explore the state pages for full details.