Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Massachusetts and Washington. Updated for 2026.
Washington wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $580K and lower overall costs, Washington offers meaningful savings compared to Massachusetts. Both states offer first-time buyer programs — explore the state pages for full details.
Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI.
Buying in Washington saves you approximately $262/month ($3,144/year) compared to Massachusetts, based on median home prices with identical loan terms.
Home prices in Massachusetts and Washington are relatively close, with only a 3% difference ($15K). 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.
Property tax rates are similar in both states (Massachusetts: 1.2%, Washington: 0.98%), 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 Washington at $1,600/year versus $2,200/year in Massachusetts, 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. Massachusetts's MassHousing DPA provides Up to $50,000 DPA loan, while Washington's WSHFC Home Advantage offers Up to $10,000 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.
The bottom line: Massachusetts and Washington are broadly similar in housing costs, with only $262/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.