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Kansas vs New Hampshire:
Mortgage & Housing Costs

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

MetricKansasNew Hampshire
Median Home Price$225K$430K
Property Tax Rate1.41%2.09%
Avg Closing Costs$3K$7K
Closing Cost %1.3%1.6%
Transfer TaxNone1.5%
Homeowners Insurance$2,900/yr$1,400/yr
First-Time Buyer Program
KHRC First-Time Homebuyer
Up to 4% DPA
NHHFA Home Flex Plus
Up to $20,000 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 New Hampshire. 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
New Hampshire
Home Price$430,000
Down Payment (10%)$43,000
Loan Amount$387,000
Monthly P&I$2,446
Monthly Property Tax$749
Monthly Insurance$117
Monthly PMI$161
Total PITI$3,473/mo
Annual property tax: $8,987

Buying in Kansas saves you approximately $1,603/month ($19,236/year) compared to New Hampshire, based on median home prices with identical loan terms.

Which State Is Right for You?

Kansas offers meaningfully lower home prices than New Hampshire, with median prices running 48% less ($205K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of New Hampshire may find Kansas far more accessible, particularly when combined with local down payment assistance programs.

Kansas has a moderate property tax advantage at 1.41% versus New Hampshire's 2.09%. While the rate gap of 0.68% may seem small, it translates to an annual difference of approximately $5,814 when applied to each state's median home price. Over a typical homeownership period of 7-10 years, that adds up to $47K in savings.

Insurance costs favor New Hampshire at $1,400/year versus $2,900/year in Kansas, a difference of $1,500 annually. While not the largest cost factor, this adds up to over $15K over a decade of homeownership. Shop multiple carriers in either state — actual premiums depend on your specific property, coverage level, and claims history.

Closing costs are a one-time but significant expense. New Hampshire averages $7K in closing costs (1.6% of purchase price) while Kansas averages $3K (1.3%). Much of New Hampshire's higher costs come from its 1.5% transfer tax, which adds $6K to the median home purchase. Budget for these upfront costs — they affect how much cash you need on hand at closing.

Both states offer down payment assistance for first-time buyers. Kansas's KHRC First-Time Homebuyer provides Up to 4% DPA, while New Hampshire's NHHFA Home Flex Plus offers Up to $20,000 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: Kansas homes cost $205K less than New Hampshire on average. That translates to roughly $1,603 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

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