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Hagerman, NM vs Radium Springs, NM

58
Hagerman
New Mexico
VS
-11.3%
65
Radium Springs
New Mexico

Hagerman is moderately more affordable than Radium Springs, with a 11.3% lower cost of living index. Hagerman scores 58 compared to 65 for Radium Springs, where the US average is 100. This difference means residents of Radium Springs can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hagerman is $640/month compared to $747/month in Radium Springs — a 14% difference. Home values follow the same pattern: Hagerman is more affordable at $72,900 median vs $132,100.

Median household income in Hagerman is $68,750 compared to $50,000 in Radium Springs (+37.5%). Hagerman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hagerman spend roughly 11.2% of their income on rent, less than the 17.9% in Radium Springs.

Income & Cost

Cost of Living Index
Hagerman
58
11% cheaper
Radium Springs
65
Median Household Income
Hagerman
$68,750
27% higher
Radium Springs
$50,000

Housing

Median Rent
Hagerman
$640
14% cheaper
Radium Springs
$747
Median Home Value
Hagerman
$72,900
45% cheaper
Radium Springs
$132,100
Population
Hagerman
599
Radium Springs
1,661

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hagerman
Radium Springs $2.99
US $3.07
🥚
Eggs (grade A, large)
Hagerman
Radium Springs $2.44
US $2.50
🥛
Milk (whole)
Hagerman
Radium Springs $3.92
US $4.03
🍞
Bread (white)
Hagerman
Radium Springs $1.80
US $1.85
🍗
Chicken breast
Hagerman
Radium Springs $4.04
US $4.14
Electricity
Hagerman
Radium Springs $0.15
US $0.19