Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Idaho and Wyoming. Updated for 2026.
Metric
Idaho
Wyoming
Median Home Price
$420K
$340K
Property Tax Rate
0.63%
0.61%
Avg Closing Costs
$6K
$4K
Closing Cost %
1.5%
1.1%
Transfer Tax
None
None
Homeowners Insurance
$1,600/yr
$1,800/yr
First-Time Buyer Program
Idaho Housing DPA
Up to 7% second mortgage
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. With a median home price of $340K and lower overall costs, Wyoming offers meaningful savings compared to Idaho. Both states offer first-time buyer programs — explore the state pages for full details.