Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Nebraska and Texas. Updated for 2026.
Nebraska wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $245K and lower overall costs, Nebraska offers meaningful savings compared to Texas. 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 Nebraska saves you approximately $589/month ($7,068/year) compared to Texas, based on median home prices with identical loan terms.
Nebraska offers meaningfully lower home prices than Texas, with median prices running 21% less ($65K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of Texas may find Nebraska far more accessible, particularly when combined with local down payment assistance programs.
Property tax rates are similar in both states (Nebraska: 1.73%, Texas: 1.8%), 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 Nebraska at $2,800/year versus $3,800/year in Texas, a difference of $1,000 annually. While not the largest cost factor, this adds up to over $10K 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. Nebraska's NIFA Homebuyer Assistance provides Up to 5% DPA, while Texas's TDHCA My First Texas Home offers Up to 5% DPA grant. 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: Nebraska and Texas are broadly similar in housing costs, with only $589/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.