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North Dakota vs Utah:
Mortgage & Housing Costs

Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between North Dakota and Utah. Updated for 2026.

MetricNorth DakotaUtah
Median Home Price$255K$480K
Property Tax Rate0.98%0.58%
Avg Closing Costs$3K$6K
Closing Cost %1.1%1.3%
Transfer TaxNoneNone
Homeowners Insurance$2,100/yr$1,200/yr
First-Time Buyer Program
NDHFA FirstHome
DCA up to $14,000
UHC FirstHome Loan
Up to 6% DPA second
Verdict

North Dakota wins 3 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 Utah. Both states offer first-time buyer programs — explore the state pages for full details.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI.

North Dakota
Home Price$255,000
Down Payment (10%)$25,500
Loan Amount$229,500
Monthly P&I$1,451
Monthly Property Tax$208
Monthly Insurance$175
Monthly PMI$96
Total PITI$1,929/mo
Annual property tax: $2,499
Utah
Home Price$480,000
Down Payment (10%)$48,000
Loan Amount$432,000
Monthly P&I$2,731
Monthly Property Tax$232
Monthly Insurance$100
Monthly PMI$180
Total PITI$3,243/mo
Annual property tax: $2,784

Buying in North Dakota saves you approximately $1,314/month ($15,768/year) compared to Utah, based on median home prices with identical loan terms.

Which State Is Right for You?

North Dakota offers meaningfully lower home prices than Utah, with median prices running 47% less ($225K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of Utah may find North Dakota far more accessible, particularly when combined with local down payment assistance programs.

Utah has a moderate property tax advantage at 0.58% versus North Dakota's 0.98%. While the rate gap of 0.40% may seem small, it translates to an annual difference of approximately $285 when applied to each state's median home price. Over a typical homeownership period of 7-10 years, that adds up to $2K in savings.

Insurance costs favor Utah at $1,200/year versus $2,100/year in North Dakota, a difference of $900 annually. While not the largest cost factor, this adds up to over $9K over a decade of homeownership. Shop multiple carriers in either state — actual premiums depend on your specific property, coverage level, and claims history.

Closing costs are a one-time but significant expense. Utah averages $6K in closing costs (1.3% of purchase price) while North Dakota averages $3K (1.1%). The difference is spread across title insurance, attorney fees, and recording costs rather than a single large tax. 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. North Dakota's NDHFA FirstHome provides DCA up to $14,000, while Utah's UHC FirstHome Loan offers Up to 6% DPA second. 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.

Key Takeaway

The bottom line: North Dakota homes cost $225K less than Utah on average. That translates to roughly $1,314 less per month in total housing costs if you choose North Dakota. For most buyers, this price gap is the single biggest factor — it affects your loan size, monthly payment, and how quickly you build equity.

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