If we're going to top a list in Iowa, this is a great one, especially in today's times, to top! According to Homebuyer.com, Iowa is the cheapest state to purchase a home. Our median home price is $147,800, that's about a $700 mortgage payment. How does that make it cheap for us? It only requires about 10% of our monthly income to make it work!
The most expensive places to purchase a home include Hawaii, Oregon, California, Washington and Colorado.