M
MortgageMath
Free mortgage calculators for every state

Kansas vs Minnesota:
Mortgage & Housing Costs

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

MetricKansasMinnesota
Median Home Price$225K$335K
Property Tax Rate1.41%1.12%
Avg Closing Costs$3K$5K
Closing Cost %1.3%1.4%
Transfer TaxNone0.33%
Homeowners Insurance$2,900/yr$2,100/yr
First-Time Buyer Program
KHRC First-Time Homebuyer
Up to 4% DPA
Minnesota Housing Start Up
Up to $18,000 deferred loan
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 Minnesota. 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
Minnesota
Home Price$335,000
Down Payment (10%)$33,500
Loan Amount$301,500
Monthly P&I$1,906
Monthly Property Tax$313
Monthly Insurance$175
Monthly PMI$126
Total PITI$2,519/mo
Annual property tax: $3,752

The monthly payment difference is $649/month — thats $7,788/year or $234K 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.

Kansas
$80K/yr
minimum household income
Minnesota
$108K/yr
minimum household income

To afford the median home in Minnesota, you need a household income of approximately $108K/year. In Kansas, you need $80K/year — less by $28K/year. That $28K income gap means Kansas is accessible to a significantly wider range of households.

Which State Is Right for You?

Kansas offers meaningfully lower home prices than Minnesota, with median prices running 33% less ($110K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of Minnesota may find Kansas far more accessible, particularly when combined with local down payment assistance programs.

Property tax rates are similar in both states (Kansas: 1.41%, Minnesota: 1.12%), so taxes shouldn't be the deciding factor in your relocation decision. Instead, focus on differences in home prices, insurance costs, and state-specific programs. Both states collect roughly comparable property tax revenue relative to home values.

Insurance costs favor Minnesota at $2,100/year versus $2,900/year in Kansas, a difference of $800 annually. While not the largest cost factor, this adds up to over $8K 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 Minnesota's Minnesota Housing Start Up offers Up to $18,000 deferred 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 homes cost $110K less than Minnesota on average. That translates to roughly $649 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

Kansas vs AlabamaKansas vs ArkansasKansas vs IllinoisMinnesota vs AlaskaMinnesota vs ArizonaMinnesota vs Connecticut

Frequently Asked Questions

Is it cheaper to buy a home in Kansas or Minnesota?
Kansas is cheaper overall. The median home costs $225K compared to $335K in Minnesota, and the total monthly PITI payment is $1,870 versus $2,519. That works out to $649 less per month or $7,788 less per year in Kansas.
How much more are property taxes in Kansas vs Minnesota?
Kansas has a property tax rate of 1.41% compared to 1.12% in Minnesota. On the median home, that means Kansas homeowners pay approximately $3,173/year in property taxes versus $3,752/year in Minnesota — a difference of $579/year.
Which state has better first-time buyer programs, Kansas or Minnesota?
Kansas offers the KHRC First-Time Homebuyer (Up to 4% DPA), while Minnesota has the Minnesota Housing Start Up (Up to $18,000 deferred loan). 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.

Explore Each State

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Kansas or Minnesota.
Rent vs Buy Calculator →
The First-Time Buyer Playbook
Free weekly guide: mortgage tips, market updates, and money-saving strategies. No spam.