Lee Acres, NM Cost of Living


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Lee Acres cost of living score
79.5
Less expensive
20.5% lower
than the US average
10.1% lower
than the New Mexico average
Lee Acres, New Mexico gets a BestPlaces Cost of Living score of 79.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.5% lower than the U.S. average and 10.1% higher than the average for New Mexico.

Lee Acres, NM

Housing costs in Lee Acres?
A typical home costs $188,700, which is 44.2% less expensive than the national average of $338,100 and 29.4% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Lee Acres costs $970 per month, which is 32.2% cheaper than the national average of $1,430 and 5.2% cheaper than the state average of $1,020.

Can I afford Lee Acres?
To live comfortably in Lee Acres, New Mexico, a minimum annual income of $36,000 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Lee Acres?
Living in Lee Acres, NM can be quite affordable. The median home value is $95,700 and the median rent price for a two-bedroom apartment is only $539, meaning it is an affordable place to live for people of all income levels. Food prices are also very reasonable, with the cost of groceries being lower than both the national average and the state average. This makes it a great place for families to settle down without spending too much on everyday living expenses. Additionally, Lee Acres has a low unemployment rate, making it easy to find and keep a job in the area. All this combined makes Lee Acres an attractive option for those looking for an affordable place to call home.
   Cost of living score
     CategoriesLee AcresNew MexicoUnited States
  79.588.4100.0
  9593.3100
  83.882.6100.0
  77.384.3100.0
  $188,700$267,100$338,100
  95.2%100.4%100.0%
  87.284.6100.0
  78.185.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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