Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Montana and Nevada. Updated for 2026.
Metric
Montana
Nevada
Median Home Price
$430K
$425K
Property Tax Rate
0.74%
0.53%
Avg Closing Costs
$6K
$6K
Closing Cost %
1.5%
1.5%
Transfer Tax
None
0.52%
Homeowners Insurance
$2,100/yr
$1,700/yr
First-Time Buyer Program
MBOH Regular Bond Program
Up to $15,000 DPA
Home Is Possible DPA
Up to 5% forgivable grant
Verdict
Nevada wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $425K and lower overall costs, Nevada offers meaningful savings compared to Montana. Both states offer first-time buyer programs — explore the state pages for full details.