How Much Does an Acre of Land Cost?

If you want to invest in real estate, specifically a parcel of land, there are prior considerations you should take concerning your budget and the knowledge of the cost per acre.  You also need to figure out the size and type of the land and other costs you may incur.  There can be overpriced land, and therefore you need to be educated on the average cost before purchase.  Different location, size, and type of land will determine the cost per acre of the land in the United States.

How much is an acre?

The prices below are acreage prices by state.  Remember, this is an average.  This is based on farmland only via an USDA land value report.  Take this information as a grain of salt because you will find that all land spread across the United States within these states will vary a lot.

State
Price Avg per Acre

Alabama

$2,000

Alaska

$2,300

Arizona

$3,700

Arkansas

$2,700

California

$7,000

Colorado

$1,200

Connecticut

$12,000

Delaware

$8,000

Florida

$5,000

Georgia

$3,800

Hawaii

$15,000

Idaho

$2,000

Illinois

$5,800

Indiana

$4,900

Iowa

$5,700

Kansas

$1,300

Kentucky

$3,000

Louisiana

$2,300

Maine

$2,200

Maryland

7,900

Massachusetts

$11,000

Michigan

$4,000

Minnesota

$4,000

Mississippi

$2,700

Missouri

$2,700

Montana

$800

Nebraska

$1,800

Nevada

$1,000

New Hampshire

$4,800

New Jersey

$13,000

New Mexico

$600

New York

$13,000

North Carolina

$4,600

North Dakota

$900

Ohio

$4,500

Oklahoma

$1,400

Oregon

$2,000

Pennsylvania

$5,000

Rhode Island

$13,000

South Carolina

$3,000

South Dakota

$1,200

Tennessee

$3,800

Texas

$1,800

Utah

$1,900

Vermont

$2,800

Virginia

$4,500

Washington

$2,100

West Virginia

$2,800

Wisconsin

$4,100
Wyoming
$600

Factors that influence the price:

What is going to be included?

What are the extra costs?

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