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The Most Expensive States to Maintain a Home
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Buying a house is the American dream, but maintaining that property in good shape can be challenging for homeowners.
This map shows the 15 most expensive states in the U.S. to maintain a single-family home.
Hawaii is the Most Expensive State to Maintain a Home
The average annual cost of owning and maintaining a single-family home in the U.S. is more than $18,000 yearly, a 26% increase compared to 2020.
With an average annual cost of $29,015, Hawaii is the most expensive state to maintain a home.
California comes in second with an average annual ownership cost of $28,790, followed by Massachusetts with $26,313.
RankStateAverage annual home ownership costs, 2024Percent change, 2020 vs. 2024
1Hawaii$29.0K38%
2California$28.8K32%
3Massachusetts$26.3K28%
4New Jersey$25.6K25%
5Connecticut$23.5K24%
6Washington$23.4K32%
7New Hampshire$23.3K29%
8New York$22.8K25%
9Rhode Island$22.0K27%
10Colorado$21.0K33%
11Vermont$19.8K29%
12Maryland$19.7K23%
13Oregon$19.2K24%
14Florida$19.2K33%
15Utah$19.1K44%
U.S. Average$18.2K26%
Property taxes in New Jersey average $10,026 annually, the highest in the nation.
States with the Least Expensive Homeownership Costs
Kentucky is the least expensive place to own a home, with an average annual cost of $11,559, followed by Arkansas ($11,692) and Mississippi ($11,881).
If you enjoyed this post, be sure to check out this graphic, which shows what you need to earn to own a home in 50 American cities.
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