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Kansas vs Louisiana:
Mortgage & Housing Costs

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

MetricKansasLouisiana
Median Home Price$225K$195K
Property Tax Rate1.41%0.55%
Avg Closing Costs$3K$3K
Closing Cost %1.3%1.6%
Transfer TaxNoneNone
Homeowners Insurance$2,900/yr$3,500/yr
First-Time Buyer Program
KHRC First-Time Homebuyer
Up to 4% DPA
LHC Mortgage Revenue Bond
Up to $10,000 soft second loan
Verdict

Kansas wins 3 of 6 cost categories, making it the more affordable state for homebuyers overall. However, Louisiana has a lower total cost when combining home price, closing costs, and insurance. 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.

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
Louisiana
Home Price$195,000
Down Payment (10%)$19,500
Loan Amount$175,500
Monthly P&I$1,109
Monthly Property Tax$89
Monthly Insurance$292
Monthly PMI$73
Total PITI$1,563/mo
Annual property tax: $1,073

Buying in Louisiana saves you approximately $307/month ($3,684/year) compared to Kansas, based on median home prices with identical loan terms.

Which State Is Right for You?

Home prices in Kansas and Louisiana are relatively close, with only a 13% difference ($30K). 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.

Louisiana has a moderate property tax advantage at 0.55% versus Kansas's 1.41%. While the rate gap of 0.86% may seem small, it translates to an annual difference of approximately $2,100 when applied to each state's median home price. Over a typical homeownership period of 7-10 years, that adds up to $17K in savings.

Insurance costs favor Kansas at $2,900/year versus $3,500/year in Louisiana, a difference of $600 annually. While not the largest cost factor, this adds up to over $6K 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. Kansas's KHRC First-Time Homebuyer provides Up to 4% DPA, while Louisiana's LHC Mortgage Revenue Bond offers Up to $10,000 soft second loan. 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 and Louisiana are broadly similar in housing costs, with only $307/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

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