How your housing costs change when you relocate. Based on 2026 data with 10% down, 6.5% rate, 30-year fixed.
Your housing costs will increase by approximately $381 per month ($4,572/year) when you move from South Dakota to Texas.
If you sell your median-priced South Dakota home ($295K) and buy in Texas ($310K):
Your South Dakota equity covers the 20% down payment on a median Texas home with $27K left over. That surplus can cover closing costs, moving expenses, or go into savings.
Over 10 years, this move costs you approximately $46K in housing costs alone.
Housing costs more in Texas. The median home is 5% higher than in South Dakota — a $15K jump. You may need to adjust your expectations on square footage or location, or come with a larger down payment to keep your monthly costs manageable.
Watch out for Texas's 1.8% property tax rate — that's $1,981 more per year than you're used to in South Dakota (1.22%). Property taxes are often the hidden cost that surprises relocating buyers.
Insurance will cost you more in Texas — $3,800/year compared to $2,300/year in South Dakota. That's an extra $1,500 annually ($125/month). High premiums are driven by severe weather risk in the region.
When you buy in Texas, expect about $5K in closing costs (1.7% of purchase price). Texas has no transfer tax, which helps keep your upfront costs lower. Budget for this amount on top of your down payment.
Texas's TDHCA My First Texas Home offers Up to 5% DPA grant. If you haven't owned a home in three years (or are buying in Texas for the first time), you may qualify. Check eligibility requirements and income limits on Texas's housing finance agency website.