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Georgia vs Kansas:
Mortgage & Housing Costs

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

MetricGeorgiaKansas
Median Home Price$340K$225K
Property Tax Rate0.92%1.41%
Avg Closing Costs$5K$3K
Closing Cost %1.5%1.3%
Transfer Tax0.1%None
Homeowners Insurance$2,200/yr$2,900/yr
First-Time Buyer Program
Georgia Dream Homeownership
Up to $10,000 DPA
KHRC First-Time Homebuyer
Up to 4% DPA
Verdict

Kansas wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $225K and lower overall costs, Kansas offers meaningful savings compared to Georgia. Both states offer first-time buyer programs — explore the state pages for full details.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI.

Georgia
Home Price$340,000
Down Payment (10%)$34,000
Loan Amount$306,000
Monthly P&I$1,934
Monthly Property Tax$261
Monthly Insurance$183
Monthly PMI$128
Total PITI$2,506/mo
Annual property tax: $3,128
Kansas
Home Price$225,000
Down Payment (10%)$22,500
Loan Amount$202,500
Monthly P&I$1,280
Monthly Property Tax$264
Monthly Insurance$242
Monthly PMI$84
Total PITI$1,870/mo
Annual property tax: $3,173

Buying in Kansas saves you approximately $636/month ($7,632/year) compared to Georgia, based on median home prices with identical loan terms.

Which State Is Right for You?

Kansas offers meaningfully lower home prices than Georgia, with median prices running 34% less ($115K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of Georgia may find Kansas far more accessible, particularly when combined with local down payment assistance programs.

Georgia has a moderate property tax advantage at 0.92% versus Kansas's 1.41%. While the rate gap of 0.49% may seem small, it translates to an annual difference of approximately $45 when applied to each state's median home price. Over a typical homeownership period of 7-10 years, that adds up to $360 in savings.

Insurance costs favor Georgia at $2,200/year versus $2,900/year in Kansas, a difference of $700 annually. While not the largest cost factor, this adds up to over $7K over a decade of homeownership. Shop multiple carriers in either state — actual premiums depend on your specific property, coverage level, and claims history.

Both states offer down payment assistance for first-time buyers. Georgia's Georgia Dream Homeownership provides Up to $10,000 DPA, while Kansas's KHRC First-Time Homebuyer offers Up to 4% DPA. These programs can significantly reduce your upfront costs and make homeownership accessible even if you haven't saved a full 20% down payment. Check eligibility requirements on each state's housing finance agency website — income limits and purchase price caps apply.

Key Takeaway

The bottom line: Kansas homes cost $115K less than Georgia on average. That translates to roughly $636 less per month in total housing costs if you choose Kansas. For most buyers, this price gap is the single biggest factor — it affects your loan size, monthly payment, and how quickly you build equity.

Compare Other States

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