Housing costs in Hagerman?
A typical home costs
$94,100, which is 72.2% less expensive than the national average of
$338,100 and 64.8% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Hagerman costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 17.2% cheaper than the state average of
$1,020.
Can I afford Hagerman?
To live comfortably in Hagerman, New Mexico, a minimum annual income of
$18,000 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Hagerman?
Hagerman, NM is an affordable place to live. The cost of living in Hagerman is lower than the national average and makes it a great option for families or individuals looking to save money while still enjoying the amenities of a small town. The median home price in Hagerman is around $127,900 which is quite low relative to other places in the state. Groceries, utilities and health care costs are all pretty low as well with prices being much lower than other more urban locations. Even transportation costs such as gas and car maintenance are relatively cheap in Hagerman compared to many other towns in New Mexico. All this makes Hagerman a great option for those looking for an affordable place to live without sacrificing quality of life.