Housing costs in Lea?
A typical home costs
$149,700, which is 55.7% less expensive than the national average of
$338,100 and 44.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Lea costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and close to the state average of
$1,020.
Can I afford Lea?
To live comfortably in Lea New Mex County, New Mexico, a minimum annual income of
$28,800 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Lea?
Living in Lea, NM County is quite affordable when compared to the US average. The median value of a house in Lea, NM County is $149,700 while the US average is over double at $338,100. Similarly, the cost of living in Lea, NM County is 79.4 compared to the US average of 100. This means that overall goods and services are significantly more affordable in Lea, NM County than they are on a national level. For those who want to move to an area with low costs and plenty of amenities nearby, Lea, NM County could be a great option.