Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between New Hampshire and Wyoming. Updated for 2026.
Wyoming wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $340K and lower overall costs, Wyoming offers meaningful savings compared to New Hampshire. 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 Wyoming saves you approximately $1,089/month ($13,068/year) compared to New Hampshire, based on median home prices with identical loan terms.
Wyoming offers meaningfully lower home prices than New Hampshire, with median prices running 21% less ($90K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of New Hampshire may find Wyoming far more accessible, particularly when combined with local down payment assistance programs.
Property taxes are dramatically different: Wyoming charges 0.61% while New Hampshire charges 2.09%, a gap of 1.48 percentage points. On the respective median homes, this means New Hampshire homeowners pay roughly $8,987 per year in property taxes versus $2,074 in Wyoming. Over 30 years of homeownership, this difference alone can add up to six figures. Retirees on fixed incomes should weigh this heavily.
Closing costs are a one-time but significant expense. New Hampshire averages $7K in closing costs (1.6% of purchase price) while Wyoming averages $4K (1.1%). 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. New Hampshire's NHHFA Home Flex Plus provides Up to $20,000 DPA, while Wyoming's WCDA Spruce Up Wyoming offers Below-market rate loans. 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: property taxes are the defining difference here. New Hampshire's 2.09% rate versus Wyoming's 0.61% means Wyoming homeowners save approximately $6,913 every year on taxes alone. Over a 30-year mortgage, that difference compounds into tens of thousands of dollars — making it the most important cost factor in this comparison.