Ranked from ACS 2023 5-Year
Most Expensive Counties to Own a Home in New Mexico
Total monthly cost of the county's own median home: mortgage at 20% down, property tax, insurance, electricity, water and a maintenance reserve. Home price dominates this ranking, which is why it maps closely to the coasts.
New Mexico ranked
| # | County | Monthly to own | Median home | Effective rate |
|---|---|---|---|---|
| 1 | Los Alamos County | $3,313 | $452,500 | 0.573% |
| 2 | Santa Fe County | $3,044 | $416,900 | 0.506% |
| 3 | Taos County | $2,562 | $354,000 | 0.329% |
| 4 | Sandoval County | $2,184 | $282,300 | 0.761% |
| 5 | Bernalillo County | $2,129 | $268,500 | 0.947% |
| 6 | Rio Arriba County | $1,759 | $230,900 | 0.433% |
| 7 | Lincoln County | $1,651 | $212,200 | 0.539% |
| 8 | Valencia County | $1,635 | $206,800 | 0.660% |
| 9 | Doña Ana County | $1,629 | $205,400 | 0.684% |
| 10 | Eddy County | $1,557 | $199,400 | 0.499% |
| 11 | San Juan County | $1,486 | $185,100 | 0.675% |
| 12 | San Miguel County | $1,416 | $177,600 | 0.558% |
| 13 | Lea County | $1,392 | $176,000 | 0.468% |
| 14 | Catron County | $1,345 | $171,800 | 0.339% |
| 15 | Grant County | $1,312 | $164,400 | 0.460% |
| 16 | Colfax County | $1,305 | $161,000 | 0.576% |
| 17 | Curry County | $1,300 | $160,800 | 0.555% |
| 18 | De Baca County | $1,274 | $158,000 | 0.499% |
| 19 | Otero County | $1,224 | $149,500 | 0.563% |
| 20 | Sierra County | $1,190 | $144,800 | 0.548% |
| 21 | Torrance County | $1,182 | $145,100 | 0.467% |
| 22 | Chaves County | $1,181 | $141,900 | 0.645% |
| 23 | Socorro County | $1,179 | $143,200 | 0.553% |
| 24 | Union County | $1,131 | $135,900 | 0.571% |
| 25 | Roosevelt County | $1,116 | $136,000 | 0.436% |
Every figure is modelled on the county's own median home with 20% down at 6.66%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Most Expensive Counties to Own a Home across all 3,133 US counties · Every county in New Mexico