Introduction
The cost of land across the United States varies greatly, depending on a number of factors. In general, the most expensive places to purchase land are in urban centers on either coast, such as states like Rhode Island and Massachusetts, or big cities like New York. These areas tend to be heavily populated and have higher demand for housing and commercial property. Rural areas in the Midwest and South often offer lower costs of living, which is reflected in cheaper land prices. Additionally, land prices can vary based on its potential uses; for example, agricultural land typically has lower values than residential or commercial building sites. Climate also plays a role in determining the value of land; for instance, areas with hot climates tend to be more expensive due to their perceived desirability as vacation spots or retirement destinations. Land near rivers or lakes also tends to command higher prices than inland locations due to their natural beauty and recreational opportunities they provide.
| # | State | Median Price per Acre |
|---|---|---|
| 1 | Rhode Island | $350,374 |
| 2 | Massachusetts | $333,250 |
| 3 | Connecticut | $282,925 |
| 4 | New Jersey | $242,883 |
| 5 | Hawaii | $202,429 |
| 6 | Utah | $195,960 |
| 7 | Delaware | $175,612 |
| 8 | New Hampshire | $165,149 |
| 9 | Maryland | $106,195 |
| 10 | Washington | $80,357 |
| 11 | South Dakota | $77,352 |
| 12 | Ohio | $69,620 |
| 13 | Idaho | $62,500 |
| 14 | Vermont | $62,297 |
| 15 | Alaska | $62,163 |
| 16 | Nevada | $59,942 |
| 17 | Wyoming | $54,000 |
| 18 | Iowa | $51,087 |
| 19 | Nebraska | $49,830 |
| 20 | Minnesota | $47,375 |
| 21 | North Dakota | $46,117 |
| 22 | Maine | $45,404 |
| 23 | West Virginia | $44,833 |
| 24 | Indiana | $43,750 |
| 25 | Pennsylvania | $42,539 |
| 26 | Florida | $34,900 |
| 27 | Georgia | $29,983 |
| 28 | Texas | $29,818 |
| 29 | Illinois | $29,250 |
| 30 | Montana | $28,861 |
| 31 | Kansas | $26,950 |
| 32 | Louisiana | $26,767 |
| 33 | Wisconsin | $25,229 |
| 34 | Virginia | $23,864 |
| 35 | Tennessee | $22,727 |
| 36 | South Carolina | $22,129 |
| 37 | Kentucky | $21,357 |
| 38 | North Carolina | $20,349 |
| 39 | California | $19,965 |
| 40 | Oklahoma | $19,628 |
| 41 | Michigan | $18,333 |
| 42 | Alabama | $18,103 |
| 43 | Oregon | $16,162 |
| 44 | Missouri | $14,078 |
| 45 | New York | $12,027 |
| 46 | Arkansas | $11,596 |
| 47 | Colorado | $11,561 |
| 48 | Mississippi | $10,835 |
| 49 | New Mexico | $6,000 |
| 50 | Arizona | $4,164 |
Median Price per Acre by State
Alabama
Median Price per Acre
$18,103
Ranked in the US
#42
Alaska
Median Price per Acre
$62,163
Ranked in the US
#15
Arizona
Median Price per Acre
$4,164
Ranked in the US
#50
Arkansas
Median Price per Acre
$11,596
Ranked in the US
#46
California
Median Price per Acre
$19,965
Ranked in the US
#39
Colorado
Median Price per Acre
$11,561
Ranked in the US
#47
Connecticut
Median Price per Acre
$282,925
Ranked in the US
#3
Delaware
Median Price per Acre
$175,612
Ranked in the US
#7
Florida
Median Price per Acre
$34,900
Ranked in the US
#26
Georgia
Median Price per Acre
$29,983
Ranked in the US
#27
Hawaii
Median Price per Acre
$202,429
Ranked in the US
#5
Idaho
Median Price per Acre
$62,500
Ranked in the US
#13
Illinois
Median Price per Acre
$29,250
Ranked in the US
#29
Indiana
Median Price per Acre
$43,750
Ranked in the US
#24
Iowa
Median Price per Acre
$51,087
Ranked in the US
#18
Kansas
Median Price per Acre
$26,950
Ranked in the US
#31
Kentucky
Median Price per Acre
$21,357
Ranked in the US
#37
Louisiana
Median Price per Acre
$26,767
Ranked in the US
#32
Maine
Median Price per Acre
$45,404
Ranked in the US
#22
Maryland
Median Price per Acre
$106,195
Ranked in the US
#9
Massachusetts
Median Price per Acre
$333,250
Ranked in the US
#2
Michigan
Median Price per Acre
$18,333
Ranked in the US
#41
Minnesota
Median Price per Acre
$47,375
Ranked in the US
#20
Mississippi
Median Price per Acre
$10,835
Ranked in the US
#48
Missouri
Median Price per Acre
$14,078
Ranked in the US
#44
Montana
Median Price per Acre
$28,861
Ranked in the US
#30
Nebraska
Median Price per Acre
$49,830
Ranked in the US
#19
Nevada
Median Price per Acre
$59,942
Ranked in the US
#16
New Hampshire
Median Price per Acre
$165,149
Ranked in the US
#8
New Jersey
Median Price per Acre
$242,883
Ranked in the US
#4
New Mexico
Median Price per Acre
$6,000
Ranked in the US
#49
New York
Median Price per Acre
$12,027
Ranked in the US
#45
North Carolina
Median Price per Acre
$20,349
Ranked in the US
#38
North Dakota
Median Price per Acre
$46,117
Ranked in the US
#21
Ohio
Median Price per Acre
$69,620
Ranked in the US
#12
Oklahoma
Median Price per Acre
$19,628
Ranked in the US
#40
Oregon
Median Price per Acre
$16,162
Ranked in the US
#43
Pennsylvania
Median Price per Acre
$42,539
Ranked in the US
#25
Rhode Island
Median Price per Acre
$350,374
Ranked in the US
#1
South Carolina
Median Price per Acre
$22,129
Ranked in the US
#36
South Dakota
Median Price per Acre
$77,352
Ranked in the US
#11
Tennessee
Median Price per Acre
$22,727
Ranked in the US
#35
Texas
Median Price per Acre
$29,818
Ranked in the US
#28
Utah
Median Price per Acre
$195,960
Ranked in the US
#6
Vermont
Median Price per Acre
$62,297
Ranked in the US
#14
Virginia
Median Price per Acre
$23,864
Ranked in the US
#34
Washington
Median Price per Acre
$80,357
Ranked in the US
#10
West Virginia
Median Price per Acre
$44,833
Ranked in the US
#23
Wisconsin
Median Price per Acre
$25,229
Ranked in the US
#33
Wyoming
Median Price per Acre
$54,000
Ranked in the US
#17