Located in Southeastern New Mexico, Lea County encompasses the communities of Buckeye, Caprock, Eunice, Hobbs, Humble City, Jal, Knowles, Lovington, McDonald, Maljamar, Monument, Oil Center, and Tatum. A leader in the natural gas, oil, agriculture, and dairy industries, Lea County offers a relaxed, family friendly environment.
Population
74,455
Internet Speed Rating
1000 Mbps
Closest Airport
Lea County Regional Airport • 30 mi
Weather (High/Low)
94 / 28
Median Home Value (3BR, 2BA)
$215,905
Lea County: FUN FACT
Established in 1917, Lea County was named after Captain Joseph Calloway Lea of the New Mexico Military Institute. Early settlers lived sparsely as the county offered no access to naturally flowing water or major transportation outlets. Today, the area is known for one of the most valuable oil fields in the world, discovered in Hobbs in 1928.
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MakeMyMove sources all Cost of Living Data from COLI, published by the Council for Community and Economic Research (C2ER), without any modification or bias.
COLI data is recognized by the U.S. Census Bureau, U.S. Bureau of Labor Statistics, and CNN Money. The data and methodology are described in detail and completely transparent to users, found in the COLI Manual. Both data and methodology are reviewed by an Advisory Board composed of academic researchers and government officials. The Cost of Living Index is referenced in the Census Bureau's Statistical Abstract of the U.S.
According to the COLI Manual, composite differences of <4% and categorical differences of <5% are not statistically significant and should not be treated as necessarily accurate.
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