Insurance availability and affordability are high on the list of factors home buyers consider when choosing which state to settle down in. As of September 2025, the average homeowners policy in the U.S. costs around $2,408 for $300,000 in dwelling coverage, Bankrate reports.

States with the highest average insurance premiums include:

  • Nebraska: $6,366 per year/ $531 per month
  • Louisiana: $6,274 per year/ $523 per month
  • Florida: $5,761 per year/ $480 per month
  • Oklahoma: $4,613 per year/ $384 per month
  • Kansas: $4,402 per year/ $367 per month

The states Bankrate found to have the lowest average homeowners premiums as of September are:

  • Vermont: $816 per year/ $68 per month
  • Alaska: $957 per year/ $80 per month
  • Delaware: $966 per year/ $80 per month
  • New Hampshire: $1,040 per year/ $87 per month
  • West Virginia: $1,048 per year/ $87 per month

A recent report from WalletHub delved into what else makes a state a good place to live, including housing affordability, property taxes, median household income, unemployment rates, population and income growth, job opportunities, food insecurity, education rates, life expectancy, quality of life and safety.

“When deciding on a place to move, you should first consider financial factors like the cost of living, housing prices and job availability,” Chip Lupo, WalletHub analyst, said in a release. “Many states have strong economies, though, so you should also consider a wide variety of other factors, such as how where you live will impact your health and safety, and whether you will have adequate access to activities that you enjoy. If you have children, a robust education system is also key.”

The states that ranked the lowest on WalletHub’s “Best States to Live In” list were New Mexico, Louisiana, Arkansas, Mississippi and Alaska.

In the slideshow above, we’ll look at WalletHub’s top-ranked states to live in for 2025.

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