This Is How Much It Costs to Build a New House in Each State

With buying an existing home being financially out of reach for so many, some people are considering going a different route: Purchasing land and constructing a new house.

But when you factor in the cost of the property, labor, and materialswhich have also gone up in price, thanks to supply chain issues and inflationbuilding a new home is unlikely to be cheaper, at least according toa new report from Todays Homeowner.

Of course, a lot depends on the size of the house youre building, the jot down of materials and furnishings you plan to use, and where you live.

To give you an idea of what you might end up paying in your area, here areTodays Homeowners estimatesof the average cost of building a new house in each state.

The cost of building a new house in each state

To rank the states for their report,Todays Homeowner estimatedthe average price of building a new 2,100-square-foot spec home, excluding the cost of a land plot and development in each location.

Using that methodology, the average cost of building a new home in the United States is $332,397, which comes out to $158 per square foot.

Here are the average costs for each state, ranked from least to most expensive:

MississippiTotal price: $287,670Price per square foot: $137

ArkansasTotal price: $288,175Price per square foot: $137

AlabamaTotal price: $291,397Price per square foot: $139

LouisianaTotal price: $296,107Price per square foot: $141

North CarolinaTotal price: $297,062Price per square foot: $141

FloridaTotal price: $297,228Price per square foot: $142

OklahomaTotal price: $300,673Price per square foot: $143

South CarolinaTotal price: $301,079Price per square foot: $143

South DakotaTotal price: $301,739Price per square foot: $144

TennesseeTotal price: $302,204Price per square foot: $144

West VirginiaTotal price: $304,383Price per square foot: $145

GeorgiaTotal price: $305,143Price per square foot: $145

KentuckyTotal price: $308,661Price per square foot: $147

TexasTotal price: $309,334Price per square foot: $147

VirginiaTotal price: $310,815Price per square foot: $148

KansasTotal price: $312,435Price per square foot: $149

New MexicoTotal price: $314,409Price per square foot: $150

ArizonaTotal price: $317,153Price per square foot: $151

VermontTotal price: $322,652Price per square foot: $154

IowaTotal price: $324,620Price per square foot: $155

MichiganTotal price: $325,347Price per square foot: $155

IdahoTotal price: $326,675Price per square foot: $156

NevadaTotal price: $326,753Price per square foot: $156

DelawareTotal price: $329,212Price per square foot: $157

WyomingTotal price: $329,590Price per square foot: $157

IndianaTotal price: $329,607Price per square foot: $157

ColoradoTotal price: $330,238Price per square foot: $157

NebraskaTotal price: $332,676Price per square foot: $158

OhioTotal price: $333,741Price per square foot: $159

MontanaTotal price: $334,808Price per square foot: $159

WisconsinTotal price: $335,299Price per square foot: $160

MarylandTotal price: $337,392Price per square foot: $161

UtahTotal price: $338,173Price per square foot: $161

OregonTotal price: $338,532Price per square foot: $161

PennsylvaniaTotal price: $339,167Price per square foot: $162

North DakotaTotal price: $340,480Price per square foot: $162

MissouriTotal price: $341,452Price per square foot: $163

MaineTotal price: $345,816Price per square foot: $165

AlaskaTotal price: $348,591Price per square foot: $166

MinnesotaTotal price: $352,943Price per square foot: $168

New HampshireTotal price: $361,098Price per square foot: $172

WashingtonTotal price: $363,120Price per square foot: $173

CaliforniaTotal price: $363,314Price per square foot: $173

ConnecticutTotal price: $367,853Price per square foot: $175

New YorkTotal price: $371,875Price per square foot: $177

Rhode IslandTotal price: $372,069Price per square foot: $177

IllinoisTotal price: $380,189Price per square foot: $181

New JerseyTotal price: $387,262Price per square foot: $184

MassachusettsTotal price: $402,709Price per square foot: $192

HawaiiTotal price: $431,364Price per square foot:$205

Thefull reportcontains additional information about the methodology used to compile this list, as well as a breakdown of the types of expenses associated with building a new home.