Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between North Dakota and Wyoming. Updated for 2026.
North Dakota and Wyoming are evenly matched across major housing cost categories. Your decision may come down to other factors like job market, climate, or lifestyle preferences. Use the calculators below to model your specific scenario.
Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI.
Buying in North Dakota saves you approximately $455/month ($5,460/year) compared to Wyoming, based on median home prices with identical loan terms.
North Dakota offers meaningfully lower home prices than Wyoming, with median prices running 25% less ($85K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of Wyoming may find North Dakota far more accessible, particularly when combined with local down payment assistance programs.
Wyoming has a moderate property tax advantage at 0.61% versus North Dakota's 0.98%. While the rate gap of 0.37% may seem small, it translates to an annual difference of approximately $425 when applied to each state's median home price. Over a typical homeownership period of 7-10 years, that adds up to $3K in savings.
Both states offer down payment assistance for first-time buyers. North Dakota's NDHFA FirstHome provides DCA up to $14,000, 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: North Dakota and Wyoming are broadly similar in housing costs, with only $455/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.