51. Missouri

City of St. Louis skyline at twilight.
f11photo / Shutterstock

Taking out a mortgage — or refinancing one — is more affordable in Missouri than any other state.

Closing costs in the Show-Me State average $1,571. That's 2.74% of the state's median household income of $57,409.

If you're refinancing a mortgage, closing costs will average $1,290.

50. Indiana

Morton statue in front of Indiana Statehouse, USA
Sergey Novikov / Shutterstock

Closing costs in the Hoosier State average $2,101. That's 3.65% of the state's median household income of $57,603.

If you're refinancing a mortgage, closing costs will average $1,396.

49. Iowa

view of beautiful rural farm land at Northeast Iowa
QZ / Shutterstock

Closing costs in the Hawkeye State average $2,272. That's 3.68% of the state's median household income of $61,691.

If you're refinancing a mortgage, closing costs will average $1,803.

48. North Dakota

North Dakota Sunflowers
Brian A Wolf / Shutterstock

Closing costs in the Peace Garden State average $2,381. That's 3.69% of the state's median household income of $64,577.

If you're refinancing a mortgage, closing costs will average $1,894.

47. South Dakota

Mount Rushmore National Memorial, South Dakota, USA
K.choktravel / Shutterstock

Closing costs in the Mount Rushmore State average $2,276. That's 3.82% of the state's median household income of $59,533.

If you're refinancing a mortgage, closing costs will average $1,828.

46. Wyoming

Devil's Tower National Monument in Wyoming Under the Early Morning Cloudy Sky with the forest in the foreground
Sulae / Shutterstock

Closing costs in the Equality State average $2,572. That's 3.69% of the state's median household income of $65,003.

If you're refinancing a mortgage, closing costs will average $1,982.

45. Kansas

Sunflowers blooming under a beautiful summer sky. The sunflower is the state flower of Kansas.
Chris Rubino / Shutterstock

Closing costs in the Sunflower State average $2,548. That's 4.1% of the state's median household income of $62,087.

If you're refinancing a mortgage, closing costs will average $2,042.

44. Kentucky

Beautiful chestnut horses on a farm in Central Kentucky at sunset
Alexey Stiop / Shutterstock

Closing costs in the Bluegrass State average $2,229. That's 4.26% of the state's median household income of $52,295.

If you're refinancing a mortgage, closing costs will average $1,887.

43. Nebraska

Nebraska corn fields with wind turbines
Cavan-Images / Shutterstock

Closing costs in the Cornhusker State average $2,715. That's 4.29% of the state's median household income of $63,229.

If you're refinancing a mortgage, closing costs will average $2,007.

42. Alaska

Majestic caribou bull in front of the mount Denali, ( mount Mckinley), Alaskal
Martin Capek / Shutterstock

Closing costs in the Last Frontier average $2,442. That's 4.56% of the state's median household income of $75,463.

If you're refinancing a mortgage, closing costs will average $2,582.

41. Alabama

Welcome to Sweet Home Alabama Road Sign along Interstate 10 in Robertsdale, Alabama USA, near the State Border with Florida
Allard One / Shutterstock

Closing costs in the Yellowhammer State average $2,371. That's 4.58% of the state's median household income of $51,735.

If you're refinancing a mortgage, closing costs will average $1,885.

40. Colorado

Rocky Mountain National Park
@cafealternativo via Twenty20

Closing costs in the Centennial State average $3,659. That's 4.74% of the state's median household income of $63,229.

If you're refinancing a mortgage, closing costs will average $2,906.

39. North Carolina

Duke University
@eep33 via Twenty20

Closing costs in the Tar Heel State average $2,803. That's 4.89% of the state's median household income of $57,341.

If you're refinancing a mortgage, closing costs will average $2,776.

38. Wisconsin

Milwaukee Art Museum
@SueNorthey via Twenty20

Closing costs in the Badger State average $3,221. That's 5.02% of the state's median household income of $64,168.

If you're refinancing a mortgage, closing costs will average $1,883.

37. Minnesota

Minneapolis
@JessicaKaplanPhotography via Twenty20

Closing costs in the North Star State average $3,843. That's 5.15% of the state's median household income of $74,593.

If you're refinancing a mortgage, closing costs will average $2,331.

36. Arkansas

Arkansas Ozarks
@keri.landers via Twenty20

Closing costs in the Natural State average $2,578. That's 5.27% of the state's median household income of $48,952.

If you're refinancing a mortgage, closing costs will average $1,785.

35. Montana

Montana
@davep via Twenty20

Closing costs in the Treasure State average $3,021. That's 5.29% of the state's median household income of $57,153.

If you're refinancing a mortgage, closing costs will average $2,496.

34. Oklahoma

Oklahoma
@JBL via Twenty20

Closing costs in the Sooner State average $2,943. That's 5.41% of the state's median household income of $54,449.

If you're refinancing a mortgage, closing costs will average $2,511.

33. New Mexico

New Mexico
@ssenka via Twenty20

Closing costs in the Land of Enchantment average $2,825. That's 5.44% of the state's median household income of $51,945.

If you're refinancing a mortgage, closing costs will average $2,676.

32. Mississippi

Mississippi
@dcallahan83 via Twenty20

Closing costs in the Magnolia State average $2,578. That's 5.63% of the state's median household income of $45,792.

If you're refinancing a mortgage, closing costs will average $2,016.

31. Ohio

River through the City - a look at Dayton, Ohio from above the confluence of the Great Maimi and Mad Rivers
Beeline Aerial / Shutterstock

Closing costs in the Buckeye State average $3,319. That's 5.66% of the state's median household income of $58,642.

If you're refinancing a mortgage, closing costs will average $2,160.

30. Idaho

Idaho
@groveayers via Twenty20

Closing costs in the Gem State average $3,544. That's 5.81% of the state's median household income of $60,999.

If you're refinancing a mortgage, closing costs will average $2,789.

29. South Carolina

Charleston, S.C.
@kristin12 via Twenty20

Closing costs in the Palmetto State average $3,269. That's 5.81% of the state's median household income of $56,227.

If you're refinancing a mortgage, closing costs will average $2,944.

28. Georgia

Georgia
@amyimazzone via Twenty20

Closing costs in the Peach State average $3,610. That's 5.83% of the state's median household income of $61,980.

If you're refinancing a mortgage, closing costs will average $2,727.

27. Oregon

Oregon
@jonryanjohnson via Twenty20

Closing costs in the Beaver State average $3,911. That's 5.83% of the state's median household income of $67,058.

If you're refinancing a mortgage, closing costs will average $3,149.

26. Texas

Texas
Photo by Vivian Arcidiacono on Unsplash

Closing costs in the Lone Star State average $3,754. That's 5.86% of the state's median household income of $64,034.

If you're refinancing a mortgage, closing costs will average $3,494.

25. Utah

Utah
Photo by Jaxon Lott on Unsplash

Closing costs in the Beehive State average $4,612. That's 6.09% of the state's median household income of $74,780.

If you're refinancing a mortgage, closing costs will average $2,157.

24. Maine

Maine
Photo by Keith Luke on Unsplash

Closing costs in the Pine Tree State average $3,761. That's 6.38% of the state's median household income of $58,924.

If you're refinancing a mortgage, closing costs will average $1,961.

23. Rhode Island

Rhode Island
Photo by Rusty Watson on Unsplash

Closing costs in the Ocean State average $4,619. That's 6.49% of the state's median household income of $71,169.

If you're refinancing a mortgage, closing costs will average $1,968.

22. Arizona

arizona resort with cactus
jdross75 / Shutterstock

Closing costs in the Grand Canyon State average $4,190. That's 6.75% of the state's median household income of $62,055.

If you're refinancing a mortgage, closing costs will average $1,662.

21. Tennessee

Tennessee
Photo by Tanner Boriack on Unsplash

Closing costs in the Volunteer State average $3,790. That's 6.76% of the state's median household income of $56,071.

If you're refinancing a mortgage, closing costs will average $2,080.

20. West Virginia

West Virginia
Photo by Sandra Seitamaa on Unsplash

Closing costs in the Mountain State average $3,352. That's 6.86% of the state's median household income of $48,850.

If you're refinancing a mortgage, closing costs will average $3,039.

19. Michigan

Michigan
Photo by Brad Switzer on Unsplash

Closing costs in the Great Lake State average $4,211. That's 7.07% of the state's median household income of $59,584.

If you're refinancing a mortgage, closing costs will average $2,844.

18. Louisiana

Louisiana
Photo by Robson Hatsukami Morgan on Unsplash

Closing costs in the Pelican State average $3,827. That's 7.49% of the state's median household income of $51,073.

If you're refinancing a mortgage, closing costs will average $2,681.

17. Virginia

Richmond, Virginia
Photo by STEPHEN POORE on Unsplash

Closing costs in the Old Dominion average $6,186. That's 8.09% of the state's median household income of $76,456.

If you're refinancing a mortgage, closing costs will average $2,735.

16. Massachusetts

Boston, Mass.
Photo by Michael Browning on Unsplash

Closing costs in the Bay State average $7,035. That's 8.2% of the state's median household income of $85,843.

If you're refinancing a mortgage, closing costs will average $2,689.

15. California

California
Photo by David Vives on Unsplash

Closing costs in the Golden State average $6,879. That's 8.55% of the state's median household income of $80,440.

If you're refinancing a mortgage, closing costs will average $3,474.

14. Hawaii

Maui Hawaii
Photo by Nayab Faheem on Unsplash

Closing costs in the Aloha State average $7,127. That's 8.58% of the state's median household income of $83,102.

If you're refinancing a mortgage, closing costs will average $4,154.

13. Nevada

Hoover Dam in Nevada
Photo by Cédric Dhaenens on Unsplash

Closing costs in the Silver State average $5,586. That's 8.83% of the state's median household income of $63,276.

If you're refinancing a mortgage, closing costs will average $2,915.

12. New Jersey

New Jersey
Photo by Valeria Capettini on Unsplash

Closing costs in the Garden State average $7,828. That's 9.13% of the state's median household income of $85,751.

If you're refinancing a mortgage, closing costs will average $4,645.

11. Connecticut

Connecticut
Photo by Rusty Watson on Unsplash

Closing costs in the Constitution State average $7,303. That's 9.26% of the state's median household income of $78,833.

If you're refinancing a mortgage, closing costs will average $2,717.

10. Illinois

The Bean in Chicago
Photo by Lewis J Goetz on Unsplash

Closing costs in the Prairie State average $6,530. That's 9.44% of the state's median household income of $69,187.

If you're refinancing a mortgage, closing costs will average $1,955.

9. Vermont

Vermont
Photo by Cameron Venti on Unsplash

Closing costs in the Green Mountain State average $5,947. That's 9.44% of the state's median household income of $63,001.

If you're refinancing a mortgage, closing costs will average $2,387.

8. New Hampshire

New Hampshire
Photo by Balazs Busznyak on Unsplash

Closing costs in the Granite State average $8,039. That's 10.32% of the state's median household income of $77,933.

If you're refinancing a mortgage, closing costs will average $2,183.

7. Maryland

Baltimore
Photo by Brendan Beale on Unsplash

Closing costs in the Old Line State average $11,710. That's 13.5% of the state's median household income of $86,738.

If you're refinancing a mortgage, closing costs will average $3,476.

6. Florida

Miami Beach
Photo by Joël de Vriend on Unsplash

Closing costs in the Sunshine State average $8,213. That's 13.87% of the state's median household income of $59,227.

If you're refinancing a mortgage, closing costs will average $4,606.

5. Washington

Seattle, Washington
Photo by Thom Milkovic on Unsplash

Closing costs in the Evergreen State average $11,513. That's 14.63% of the state's median household income of $78,687.

If you're refinancing a mortgage, closing costs will average $4,687.

4. Pennsylvania

Philadelphia, Pennsylvania
Photo by ActionVance on Unsplash

Closing costs in the Keystone State average $9,437. That's 14.87% of the state's median household income of $63,463.

If you're refinancing a mortgage, closing costs will average $6,376.

3. New York

New York City
Photo by Michael Discenza on Unsplash

Closing costs in the Empire State average $13,262. That's 18.39% of the state's median household income of $72,108.

If you're refinancing a mortgage, closing costs will average $8,256.

2. Delaware

Delaware
Photo by Josefina Lacroze on Unsplash

Closing costs in the First State average $17,727. That's 25.26% of the state's median household income of $70,176.

If you're refinancing a mortgage, closing costs will average $2,676.

1. District of Columbia

Washington D.C.
Photo by Grant Czerwinski on Unsplash

Taking out a mortgage — or refinancing one — is least affordable in D.C. than any other state.

Closing costs in the nation's capital average $29,330. That's 31.79% of the state's median household income of $92,266.

If you're refinancing a mortgage, closing costs will average $13,722.

About the Author

Nancy Sarnoff

Nancy Sarnoff

Freelance Contributor

Nancy Sarnoff is a freelance contributor with MoneyWise. Previously, she covered commercial and residential real estate for the Houston Chronicle where she also hosted Looped In, a podcast about the region’s growth, development and economy. Her work has been recognized by the National Association of Real Estate Editors and the Society of American Business Editors and Writers.

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