Housing costs in Hagerman?
A typical home costs
$103,300, which is 69.4% less expensive than the national average of
$338,100 and 61.3% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Hagerman costs
$880 per month, which is 13.7% cheaper than the national average of
$1,020 and close to the state average of
$890.
Can I afford Hagerman?
To live comfortably in Hagerman (zip 88232), New Mexico, a minimum annual income of
$19,800 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Hagerman?
The cost of living in 88232 Hagerman, NM is relatively low compared to the rest of the United States. According to BestPlaces.net, the cost of living index for this area is 81.6, which is 19.4 points lower than the US average of 100. This means that living expenses such as housing, groceries and utilities are typically cheaper here than in other parts of the country. Additionally, the median home price in Hagerman is $63,000 which is far below the national average of $211,731. Therefore, this small town has affordable options for those looking to buy or rent a place to call home.