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Utah vs Washington:
Mortgage & Housing Costs

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

MetricUtahWashington
Median Home Price$480K$580K
Property Tax Rate0.58%0.98%
Avg Closing Costs$6K$8K
Closing Cost %1.3%1.4%
Transfer TaxNone1.78%
Homeowners Insurance$1,200/yr$1,600/yr
First-Time Buyer Program
UHC FirstHome Loan
Up to 6% DPA second
WSHFC Home Advantage
Up to $10,000 DPA
Verdict

Utah wins 6 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $480K and lower overall costs, Utah offers meaningful savings compared to Washington. 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.

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
Washington
Home Price$580,000
Down Payment (10%)$58,000
Loan Amount$522,000
Monthly P&I$3,299
Monthly Property Tax$474
Monthly Insurance$133
Monthly PMI$218
Total PITI$4,124/mo
Annual property tax: $5,684

The monthly payment difference is $881/month — thats $10,572/year or $317K over the life of a 30-year loan. Buying in Utah is the more affordable option based on median home prices with identical loan terms.

Income Needed to Buy

Based on the 28% debt-to-income rule — your monthly housing payment should not exceed 28% of gross monthly income.

Utah
$139K/yr
minimum household income
Washington
$177K/yr
minimum household income

To afford the median home in Washington, you need a household income of approximately $177K/year. In Utah, you need $139K/year — less by $38K/year. That $38K income gap means Utah is accessible to a significantly wider range of households.

Which State Is Right for You?

Home prices in Utah and Washington are relatively close, with only a 17% difference ($100K). 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.

Utah has a moderate property tax advantage at 0.58% versus Washington's 0.98%. While the rate gap of 0.40% may seem small, it translates to an annual difference of approximately $2,900 when applied to each state's median home price. Over a typical homeownership period of 7-10 years, that adds up to $23K in savings.

Both states offer down payment assistance for first-time buyers. Utah's UHC FirstHome Loan provides Up to 6% DPA second, while Washington's WSHFC Home Advantage offers Up to $10,000 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.

Key Takeaway

The bottom line: Utah and Washington are broadly similar in housing costs, with only $881/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.

Compare Other States

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Frequently Asked Questions

Is it cheaper to buy a home in Utah or Washington?
Utah is cheaper overall. The median home costs $480K compared to $580K in Washington, and the total monthly PITI payment is $3,243 versus $4,124. That works out to $881 less per month or $10,572 less per year in Utah.
How much more are property taxes in Washington vs Utah?
Washington has a property tax rate of 0.98% compared to 0.58% in Utah. On the median home, that means Washington homeowners pay approximately $5,684/year in property taxes versus $2,784/year in Utah — a difference of $2,900/year.
Which state has better first-time buyer programs, Utah or Washington?
Utah offers the UHC FirstHome Loan (Up to 6% DPA second), while Washington has the WSHFC Home Advantage (Up to $10,000 DPA). Both programs aim to reduce upfront costs for first-time buyers. Eligibility depends on income limits, purchase price caps, and other criteria set by each state's housing finance agency.

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