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ABSTRACT The Local Universe ($D< 120$ Mpc) has been intensely studied for decades, with highly complete galaxy redshift surveys now publicly available. These data have driven density reconstructions of the underlying matter density field, as well as constrained simulations that aim to reproduce the observed structures. In this paper, we introduce a dispersion measure (DM) model that makes use of this detailed knowledge of our Local Universe within $D< 120$ Mpc. The model comprises three key components: (i) the DM from the Milky Way’s halo and the intragroup medium (up to 3.4 Mpc), derived from the H estia simulations, a series of constrained hydrodynamic simulations designed to reproduce our Local Group; (ii) the DM contribution from the large-scale intergalactic medium beyond the Local Group (3.4 Mpc $< D< 120$ Mpc), calculated using the Hamlet reconstructed matter density field; and (iii) the individual DM contributions from Local Universe galaxy haloes and clusters based on data from the Two Micron All Sky Survey Galaxy Group Catalogue and the NASA/IPAC Extragalactic Data base. This comprehensive model will be made available as a python package. As the most realistic model to date for DM in the local volume, it promises to improve the constraints of DM contributions from the intergalactic medium and circumgalactic medium of fast radio bursts (FRBs), thereby enhancing the accuracy of cosmic baryon distribution calculations based on DM analysis of FRBs.