Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Texas and Vermont. Updated for 2026.
Texas wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $310K and lower overall costs, Texas 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 Texas saves you approximately $337/month ($4,044/year) compared to Vermont, based on median home prices with identical loan terms.
Home prices in Texas and Vermont are relatively close, with only a 18% difference ($70K). 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.
Property tax rates are similar in both states (Texas: 1.8%, Vermont: 1.9%), 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.
Homeowners insurance is significantly cheaper in Vermont ($1,100/year) compared to Texas ($3,800/year). That's an extra $2,700 per year — or $225/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. Texas's TDHCA My First Texas Home provides Up to 5% DPA grant, 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: insurance costs heavily tilt the scales. Texas homeowners pay $3,800/year for coverage versus $1,100 in Vermont — a $2,700 annual gap. If you're budgeting for a home in Texas, make sure to factor in this ongoing expense. It can make an otherwise affordable market surprisingly costly month-to-month.