Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Oklahoma and Vermont. Updated for 2026.
Oklahoma wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $210K and lower overall costs, Oklahoma offers meaningful savings compared to Vermont. 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 Oklahoma saves you approximately $1,271/month ($15,252/year) compared to Vermont, based on median home prices with identical loan terms.
Oklahoma offers meaningfully lower home prices than Vermont, with median prices running 45% less ($170K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of Vermont may find Oklahoma far more accessible, particularly when combined with local down payment assistance programs.
Property taxes are dramatically different: Oklahoma charges 0.88% while Vermont charges 1.9%, a gap of 1.02 percentage points. On the respective median homes, this means Vermont homeowners pay roughly $7,220 per year in property taxes versus $1,848 in Oklahoma. Over 30 years of homeownership, this difference alone can add up to six figures. Retirees on fixed incomes should weigh this heavily.
Homeowners insurance is significantly cheaper in Vermont ($1,100/year) compared to Oklahoma ($3,600/year). That's an extra $2,500 per year — or $208/month — eating into your budget in Oklahoma. Oklahoma's high insurance costs are often driven by severe weather risks (hurricanes, tornadoes, or wildfires), which also affect availability of coverage.
Closing costs are a one-time but significant expense. Vermont averages $6K in closing costs (1.6% of purchase price) while Oklahoma averages $3K (1.3%). Much of Vermont's higher costs come from its 1.45% 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. Oklahoma's OHFA Homebuyer DPA provides Up to 3.5% DPA, while Vermont's VHFA MOVE Mortgage offers $5K–$15K 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: Oklahoma homes cost $170K less than Vermont on average. That translates to roughly $1,271 less per month in total housing costs if you choose Oklahoma. For most buyers, this price gap is the single biggest factor — it affects your loan size, monthly payment, and how quickly you build equity.