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Illinois vs Kansas:
Mortgage & Housing Costs

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

MetricIllinoisKansas
Median Home Price$270K$225K
Property Tax Rate2.07%1.41%
Avg Closing Costs$5K$3K
Closing Cost %2.0%1.3%
Transfer Tax0.1%None
Homeowners Insurance$1,900/yr$2,900/yr
First-Time Buyer Program
IHDA 1stHomeIllinois
$7,500 forgivable loan
KHRC First-Time Homebuyer
Up to 4% DPA
Verdict

Kansas wins 5 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 Illinois. 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.

Illinois
Home Price$270,000
Down Payment (10%)$27,000
Loan Amount$243,000
Monthly P&I$1,536
Monthly Property Tax$466
Monthly Insurance$158
Monthly PMI$101
Total PITI$2,261/mo
Annual property tax: $5,589
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

The monthly payment difference is $391/month — thats $4,692/year or $141K over the life of a 30-year loan. Buying in Kansas is the more affordable option based on median home prices with identical loan terms.

Income Needed to Buy

Based on the 28% debt-to-income rule — your monthly housing payment should not exceed 28% of gross monthly income.

Illinois
$97K/yr
minimum household income
Kansas
$80K/yr
minimum household income

To afford the median home in Illinois, you need a household income of approximately $97K/year. In Kansas, you need $80K/year — less by $17K/year. The $17K difference is meaningful but manageable for dual-income households.

Which State Is Right for You?

Home prices in Illinois and Kansas are relatively close, with only a 17% difference ($45K). At similar price points, your decision should focus on the other cost factors: property taxes, insurance, closing costs, and the overall quality of life each state offers. Small percentage differences in tax rates compound over decades of homeownership.

Kansas has a moderate property tax advantage at 1.41% versus Illinois's 2.07%. While the rate gap of 0.66% may seem small, it translates to an annual difference of approximately $2,417 when applied to each state's median home price. Over a typical homeownership period of 7-10 years, that adds up to $19K in savings.

Insurance costs favor Illinois at $1,900/year versus $2,900/year in Kansas, a difference of $1,000 annually. While not the largest cost factor, this adds up to over $10K 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. Illinois's IHDA 1stHomeIllinois provides $7,500 forgivable loan, 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: Illinois and Kansas are broadly similar in housing costs, with only $391/month separating them in total PITI payments. In cases like this, your decision should be driven by lifestyle preferences — job opportunities, climate, proximity to family, and quality of life — rather than pure cost savings. Either state offers a reasonable path to homeownership.

Compare Other States

Illinois vs AlabamaIllinois vs AlaskaIllinois vs ArkansasKansas vs AlabamaKansas vs ArkansasKansas vs Indiana

Frequently Asked Questions

Is it cheaper to buy a home in Kansas or Illinois?
Kansas is cheaper overall. The median home costs $225K compared to $270K in Illinois, and the total monthly PITI payment is $1,870 versus $2,261. That works out to $391 less per month or $4,692 less per year in Kansas.
How much more are property taxes in Illinois vs Kansas?
Illinois has a property tax rate of 2.07% compared to 1.41% in Kansas. On the median home, that means Illinois homeowners pay approximately $5,589/year in property taxes versus $3,173/year in Kansas — a difference of $2,416/year.
Which state has better first-time buyer programs, Illinois or Kansas?
Illinois offers the IHDA 1stHomeIllinois ($7,500 forgivable loan), while Kansas has the KHRC First-Time Homebuyer (Up to 4% DPA). Both programs aim to reduce upfront costs for first-time buyers. Eligibility depends on income limits, purchase price caps, and other criteria set by each state's housing finance agency.

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