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South Dakota vs Wyoming:
Mortgage & Housing Costs

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

MetricSouth DakotaWyoming
Median Home Price$295K$340K
Property Tax Rate1.22%0.61%
Avg Closing Costs$2K$4K
Closing Cost %0.7%1.1%
Transfer Tax0.1%None
Homeowners Insurance$2,300/yr$1,800/yr
First-Time Buyer Program
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
WCDA Spruce Up Wyoming
Below-market rate loans
Verdict

South Dakota and Wyoming 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.

Explore Each State

South Dakota$295K
1.22% tax · $2K closing · $2,300/yr insurance
Wyoming$340K
0.61% tax · $4K closing · $1,800/yr insurance
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