Lee Acres, NM Cost Of Living

Demographics | Cost Of Living
Updated: 2020-03-08
88
Lee Acres's Overall Cost Of Living
0.9x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Lee Acres is expensive, while a number below 100 means it's a relatively cheap place to live.

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 #1324 most affordable out of the 6522 places we measured in New Mexico. By definition, that implies Lee Acres ranks as the #5083 most expensive place in the Land of Enchantment.

For more reading on life in Lee Acres, check out:

Lee Acres Cost Of Living Vs. New Mexico

Living Expense Lee Acres New Mexico National Average
Overall 88 92 100
Services 90 92 100
Groceries 96 99 100
Health 100 99 100
Housing 78 86 100
Transportation 89 97 100
Utilities 95 87 100
For more reading on cost of living around New Mexico, check out:
Lee Acres Cost of Living Vs. NM

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.

$158,600
Median Home Value
$850
Median Rent
$32,727
Median Income
Statistic Lee Acres New Mexico United States
Median Home Value $158,600 $166,800 $204,900
Median Rent $850 $828 $1,023
Median Income $32,727 $48,059 $60,293
Home Value To Income 4.8x 3.5x 3.4x
Rent To Monthly Income 0.31x 0.21x 0.2x

Lee Acres SnackAbility

5
/10
Overall SnackAbility
Jobs
4/10
Housing
8
Affordability
3
Diversity
9.5
Safety
N/A
Amenities
6
Education
4
Commute
8.5

Cost Of Living In Cities Around Lee Acres

City Population Cost Of Living Vs. Lee Acres
Farmington, NM 45,582 92 1.0x
Bloomfield, NM 7,996 87 1.0x
Aztec, NM 6,567 89 1.0x

Articles About New Mexico

Enjoy The Snack?