Lee Acres, NM Cost Of Living
Lee Acres's Overall Cost Of Living
Lower Than The National Average
In New Mexico
In America
What is the cost of living in Lee Acres, NM?
According to the most recent data on the cost of living, Lee Acres has an overall cost of living index of 88 which is 0.9x lower than the national index of 100.
Compared to only New Mexico, Lee Acres has a cost of living index that's 1.0x lower than New Mexico's index of 92.
The standard of living in Lee Acres ranks as #1,278 most affordable out of the 6,418 places we measured in New Mexico. By definition, that implies Lee Acres ranks as the #5,140 most expensive place in the Land of Enchantment.
Lee Acres Cost Of Living Vs. New Mexico
| Living Expense | Lee Acres | New Mexico | National Average | |
|---|---|---|---|---|
| Overall | 88 | 92 | 100 | |
| Services | 86 | 92 | 100 | |
| Groceries | 98 | 94 | 100 | |
| Health | 99 | 98 | 100 | |
| Housing | 79 | 87 | 100 | |
| Transportation | 87 | 88 | 100 | |
| Utilities | 93 | 91 | 100 | |
Lee Acres, NM Housing Cost Breakdown
Housing swings affordability the most between places in New Mexico, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Lee Acres | New Mexico | United States |
|---|---|---|---|
| Median Home Value | $169,600 | $175,700 | $229,800 |
| Median Rent | $880 | $857 | $1,096 |
| Median Income | $46,875 | $51,243 | $64,994 |
| Home Value To Income | 3.6x | 3.4x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Detailed Lee Acres Services Costs Vs. New Mexico
| Item | Lee Acres | New Mexico |
|---|---|---|
| Shampoo | $0.92 | $1.06 |
| Movie | $9.5 | $10.68 |
| Bowling | $11.2 | $14.67 |
Detailed Lee Acres Groceries Costs Vs. New Mexico
| Item | Lee Acres | New Mexico |
|---|---|---|
| Ground Beef | $4.9 | $4.22 |
| Fried Chicken | $1.11 | $1.39 |
| Milk | $1.96 | $2.05 |
Detailed Lee Acres Health Costs Vs. New Mexico
| Item | Lee Acres | New Mexico |
|---|---|---|
| Haircut | $18.38 | $18.62 |
| Beauty Salon | $35.53 | $39.05 |
| Toothpaste | $2.79 | $2.34 |
Detailed Lee Acres Transportation Costs Vs. New Mexico
| Item | Lee Acres | New Mexico |
|---|---|---|
| Potatoes | $3.05 | $3.29 |
| Pizza | $9.67 | $10.62 |
| Beer | $8.22 | $9.38 |
| Optometrist | $118.86 | $108.57 |
| Doctor | $127.67 | $116.17 |
| Dentist | $86.56 | $99.13 |
Detailed Lee Acres Utilities Costs Vs. New Mexico
| Item | Lee Acres | New Mexico |
|---|---|---|
| Gasoline | $1.97 | $2.22 |
| Tire Balancing | $40.79 | $50.07 |
| All Electricity | $150.01 | $167.67 |
| Phone | $183.97 | $175.64 |
Lee Acres SnackAbility
/10
Cost Of Living In Cities Around Lee Acres
| City | Population | Cost Of Living | Vs. Lee Acres |
|---|---|---|---|
| Farmington, NM | 44,967 | 92 | 1.0x |
| Bloomfield, NM | 7,791 | 86 | 1.0x |
| Aztec, NM | 6,467 | 86 | 1.0x |
