Lee Acres, NM vs Lovington, NM

Lee Acres, NM and Lovington, NM have a very similar cost of living, with only a 2.7% difference in their overall index. Lee Acres scores 80 while Lovington scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lee Acres is $1,137/month compared to $1,063/month in Lovington — a 7% difference. Home values follow the same pattern: Lovington is more affordable at $162,900 median vs $182,200.

Median household income in Lee Acres is $50,846 compared to $67,284 in Lovington (-24.4%). Lovington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lee Acres spend roughly 26.8% of their income on rent, more than the 19% in Lovington.