The cost of a landowner elk tag in New Mexico varies depending on the specific unit and the quality of the elk population in that area. However, on average, landowner tags can range from $5,000 to $12,000 or more. It’s important to note that landowner tags are limited and highly sought after, making them a valuable commodity for hunters. Additionally, landowner tags allow hunters to access private land otherwise unavailable to hunters on tags through the draw, which can significantly increase the chances of a successful hunt.