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Las Vegas, NM vs Lee Acres, NM

66
Las Vegas
New Mexico
VS
-17.2%
80
Lee Acres
New Mexico

There is a significant gap in the cost of living between these two cities. Las Vegas is 17.2% cheaper than Lee Acres. With a cost index of 66 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Las Vegas to Lee Acres should plan for substantially higher expenses across most categories.

On the housing front, median rent in Las Vegas is $731/month compared to $1,137/month in Lee Acres — a 36% difference. Home values follow the same pattern: Las Vegas is more affordable at $143,900 median vs $182,200.

Median household income in Las Vegas is $42,732 compared to $50,846 in Lee Acres (-16%). The higher salaries in Lee Acres partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Las Vegas spend roughly 20.5% of their income on rent, less than the 26.8% in Lee Acres.

Income & Cost

Cost of Living Index
Las Vegas
66
17% cheaper
Lee Acres
80
Median Household Income
Las Vegas
$42,732
Lee Acres
$50,846
16% higher

Housing

Median Rent
Las Vegas
$731
36% cheaper
Lee Acres
$1,137
Median Home Value
Las Vegas
$143,900
21% cheaper
Lee Acres
$182,200
Population
Las Vegas
13,120
Lee Acres
4,463

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Las Vegas
Lee Acres $2.99
US $3.07
🥚
Eggs (grade A, large)
Las Vegas
Lee Acres $2.44
US $2.50
🥛
Milk (whole)
Las Vegas
Lee Acres $3.92
US $4.03
🍞
Bread (white)
Las Vegas
Lee Acres $1.80
US $1.85
🍗
Chicken breast
Las Vegas
Lee Acres $4.04
US $4.14
Electricity
Las Vegas
Lee Acres $0.15
US $0.19