Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Vermont and Wisconsin. Updated for 2026.
Wisconsin wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $280K and lower overall costs, Wisconsin 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 Wisconsin saves you approximately $781/month ($9,372/year) compared to Vermont, based on median home prices with identical loan terms.
Wisconsin offers meaningfully lower home prices than Vermont, with median prices running 26% less ($100K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of Vermont may find Wisconsin far more accessible, particularly when combined with local down payment assistance programs.
Property tax rates are similar in both states (Vermont: 1.9%, Wisconsin: 1.76%), 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. Vermont's VHFA MOVE Mortgage provides $5K–$15K DPA, while Wisconsin's WHEDA First-Time Advantage offers Up to $3,050 Easy Close grant. 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: Vermont and Wisconsin are broadly similar in housing costs, with only $781/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.