Housing costs in San Mateo?
A typical home costs
$104,200, which is 69.2% less expensive than the national average of
$338,100 and 61.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in San Mateo costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 12.1% cheaper than the state average of
$1,020.
Can I afford San Mateo?
To live comfortably in San Mateo, New Mexico, a minimum annual income of
$19,800 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about San Mateo?
San Mateo, NM has a relatively low cost of living, making it an ideal place to call home. According to BestPlaces, the overall cost of living in San Mateo is 17% lower than the national average. Housing expenses are 34% lower than the national average; groceries and Utilities are 11% and 5% less expensive respectively. Additionally, monthly transportation costs are approximately 55% lower than the national average. This makes San Mateo a great place for those looking for inexpensive housing and who want to keep their expenses low.