Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between North Dakota and Texas. Updated for 2026.
North Dakota wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $255K and lower overall costs, North Dakota 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 North Dakota saves you approximately $732/month ($8,784/year) compared to Texas, based on median home prices with identical loan terms.
Home prices in North Dakota and Texas are relatively close, with only a 18% difference ($55K). 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.
North Dakota has a moderate property tax advantage at 0.98% versus Texas's 1.8%. While the rate gap of 0.82% may seem small, it translates to an annual difference of approximately $3,081 when applied to each state's median home price. Over a typical homeownership period of 7-10 years, that adds up to $25K in savings.
Homeowners insurance is significantly cheaper in North Dakota ($2,100/year) compared to Texas ($3,800/year). That's an extra $1,700 per year — or $142/month — eating into your budget in Texas. Texas's high insurance costs are often driven by severe weather risks (hurricanes, tornadoes, or wildfires), which also affect availability of coverage.
Both states offer down payment assistance for first-time buyers. North Dakota's NDHFA FirstHome provides DCA up to $14,000, 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: North Dakota and Texas are broadly similar in housing costs, with only $732/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.