Wyoming Included in the ‘States Where It’s Cheapest to Own a Home’

AOL Real Estate States Where Its Cheapest to Own a HomeUsing homeowner cost data from the US Census Bureau, AOL Real Estate identified 15 states across the country where it is cheapest to own a home. Using the state-by-state average homeowner costs, which included, “mortgage payments, insurance, taxes, fees and any utility bills,” AOL Real Estate found that borrowers in the cheapest states to own a home used 22% or less of their household income to cover homeowner costs. Ranking 6th in the top 15 cheapest places to own a home was Wyoming with owner costs averaging only 20.6% of a borrower’s household income. To see all 15 states, visit http://aol.it/1gZXAM5.

Share this article: