Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Hawaii and Oregon. Updated for 2026.
Metric
Hawaii
Oregon
Median Home Price
$830K
$480K
Property Tax Rate
0.28%
0.93%
Avg Closing Costs
$12K
$7K
Closing Cost %
1.5%
1.4%
Transfer Tax
0.2%
0.1%
Homeowners Insurance
$1,200/yr
$1,400/yr
First-Time Buyer Program
HHFDC Hula Mae Program
Below-market rate mortgages
OHCS Oregon Bond
Cash Advantage up to $15K
Verdict
Oregon wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $480K and lower overall costs, Oregon offers meaningful savings compared to Hawaii. Both states offer first-time buyer programs — explore the state pages for full details.