Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Ohio and Pennsylvania. Updated for 2026.
Ohio wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $215K and lower overall costs, Ohio offers meaningful savings compared to Pennsylvania. 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 Ohio saves you approximately $432/month ($5,184/year) compared to Pennsylvania, based on median home prices with identical loan terms.
Ohio offers meaningfully lower home prices than Pennsylvania, with median prices running 23% less ($65K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of Pennsylvania may find Ohio far more accessible, particularly when combined with local down payment assistance programs.
Property tax rates are similar in both states (Ohio: 1.56%, Pennsylvania: 1.36%), 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.
Both states offer down payment assistance for first-time buyers. Ohio's OHFA Your Choice! Down Payment Assistance provides 2.5% or 5% of purchase price, while Pennsylvania's PHFA Keystone Advantage offers Up to $6,000 DPA. 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: Ohio and Pennsylvania are broadly similar in housing costs, with only $432/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.