Lee Acres, NM Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-08
88
Lee Acres's Overall Cost Of Living
0.9x
Lower Than The National Average
22 out of 44
In New Mexico
1,278 out of 6,412
In America
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 #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.

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 86 92 100
Groceries 98 94 100
Health 99 98 100
Housing 79 87 100
Transportation 87 88 100
Utilities 93 91 100
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.

$169,600
Median Home Value
$880
Median Rent
$46,875
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

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

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

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