Cost of Living in Lee Acres, NM
Population 4,463 · New Mexico · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Lee Acres a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $182,000. A poverty rate near 27% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Geographically, Lee Acres lies roughly 125 miles northwest of the nearest major metro, Rio Rancho. Median home values run roughly 33% lower than Rio Rancho's $273,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lee Acres
The median home value in Lee Acres is $182,200 — 40% below the national median of $305,000. Median rent runs $1,137/month, 13% lower than the national median of $1,314/month. The median household income of $50,846/year is 32% lower than the US median of $74,580. The local unemployment rate is 10.8%, above the national average of 4.8%. New Mexico's top state income tax rate is 5.9% and the combined sales tax is 7.7%. The climate averages highs of 68.2°F and lows of 38.2°F. Overall, Lee Acres has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.
Lee Acres has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 43 | 50 | 60 | 67 | 77 | 89 | 93 | 90 | 82 | 69 | 55 | 43 |
| Low °F | 19 | 24 | 30 | 35 | 44 | 53 | 61 | 60 | 51 | 38 | 27 | 19 |
| Precip" | 0.72 | 0.65 | 0.60 | 0.56 | 0.53 | 0.20 | 0.63 | 0.79 | 1.06 | 0.79 | 0.66 | 0.57 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lee Acres, NM?
Lee Acres has a cost index of 70 (100 = national average). It is 30% below the national average.
What is average rent in Lee Acres, NM?
The median gross rent in Lee Acres is $1,137 per month based on 2023 Census data.
What is the average home price in Lee Acres?
The median home value in Lee Acres is $182,200 according to 2023 Census ACS data.
What is the median income in Lee Acres?
The median household income in Lee Acres is $50,846 per year (2023 ACS 5-year estimates).
What is the sales tax in Lee Acres, NM?
The combined state and local sales tax rate in Lee Acres is 7.7%. The New Mexico state income tax top rate is 5.9%.
Is Lee Acres, NM affordable?
Yes, Lee Acres is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.
What is the weather like in Lee Acres?
Lee Acres has average high temperatures of 68.2°F and average lows of 38.2°F. Annual precipitation is 7.8". Data from NOAA 1991–2020 Climate Normals.
Lee Acres at a Glance
- Population
- 4,463
- Median Income
- $50,846
- Home Value
- $182,200
- Median Rent
- $1,137/mo
- Unemployment
- 10.8%
- Avg High Temp
- 68.2°F
- Sales Tax
- 7.7%
Nearby Cities
Explore county-level cost of living data
New Mexico Rankings
Similar Cost Cities
Cities in other states with comparable housing costs