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Lee Acres, NM vs Portales, NM

80
Lee Acres
New Mexico
VS
+15%
69
Portales
New Mexico

There is a significant gap in the cost of living between these two cities. Portales is 15% cheaper than Lee Acres. With a cost index of 69 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Portales to Lee Acres should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lee Acres is $1,137/month compared to $870/month in Portales — a 31% difference. Home values follow the same pattern: Portales is more affordable at $132,900 median vs $182,200.

Median household income in Lee Acres is $50,846 compared to $51,290 in Portales (-0.9%). Portales 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 20.4% in Portales.

Income & Cost

Cost of Living Index
Lee Acres
80
Portales
69
13% cheaper
Median Household Income
Lee Acres
$50,846
Portales
$51,290
1% higher

Housing

Median Rent
Lee Acres
$1,137
Portales
$870
23% cheaper
Median Home Value
Lee Acres
$182,200
Portales
$132,900
27% cheaper
Population
Lee Acres
4,463
Portales
12,023

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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