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Mortgage closing costs: State rankings

See results of the 2006 survey

Bankrate.com researchers gathered closing-cost information from 50 states and the District of Columbia. Below, ranked from most-expensive to least-expensive, are the average total closing costs charged for a mortgage, in each state. (Editor's note: Closing cost total does not include taxes, other governmental fees or escrow fees.)

d
StateClosing cost
1.
New York $3,907
2.
Hawaii $3,628
3.
Alaska $3,620
4.
New Jersey $3,362
5.
Florida $3,196
6.
Connecticut $3,191
7.
Pennsylvania $3,033
8.
California $3,022
9.
Maryland $3,010
10.
Ohio $2,990
11.
New Mexico $2,980
12.
Alabama $2,979
13.
Delaware $2,964
14.
Massachusetts $2,892
15.
Texas $2,857
16.
Louisiana $2,851
17.
Washington, D.C. $2,844
18.
Kentucky $2,832
19.
Georgia $2,826
20.
Maine $2,809
21.
Montana $2,744
22.
Nevada $2,740
23.
Colorado $2,728
24.
Arkansas $2,719
25.
Arizona $2,686
26.
Rhode Island $2,669
27.
Missouri $2,655
28.
Idaho $2,645
29.
Virginia $2,631
30.
West Virginia $2,599
31.
Michigan $2,593
32.
New Hampshire $2,593
33.
Oklahoma $2,585
34.
Nebraska $2,576
35.
Iowa $2,560
36.
Minnesota $2,560
37.
Mississippi $2,555
38.
Vermont $2,548
39.
Washington $2,543
40.
South Carolina $2,540
41.
Illinois $2,533
42.
Tennessee $2,459
43.
North Carolina $2,441
44.
North Dakota $2,435
45.
Oregon $2,404
46.
Utah $2,373
47.
Indiana $2,336
48.
Wisconsin $2,291
49.
Kansas $2,256
50.
South Dakota $2,251
51.
Wyoming $2,101
a
Average$2,748
a
Median$2,669

 

Bankrate.com's corrections policy
-- Posted: Nov. 17, 2005
 
 
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