Not legal advice: When hunted for their hide and meat, an alligator is worth from about $50 to $150, depending on length. An alligator from 5 to 7 feet in length is worth $8 per foot, while an alligator longer than 7 feet is worth $12 to $15 a foot. An alligator that is 5 feet or shorter in length is only worth $5 per foot. To hunt alligators, one must have a license from the state in which they reside. Licenses generally cost about $25. When one buys an alligator to raise as a pet, it costs about $800 to $1,000 to buy the animal. One must also obtain an exotic pet permit in most areas. This can be purchased from your state's wildlife authority.