Fairacres, NM Economy

Fairacres, NM is a small town located in the Southwest region of the United States. Despite its small size, Fairacres has many amenities that can be enjoyed by its residents. Two bedroom rent in Fairacres is $860, making it much more affordable than other parts of the country with rent averaging $1,430 for two bedrooms nationwide. Grocery prices are also relatively low with a grocery cost index of 96 compared to the US average of 100. The town is home to a number of local businesses such as Fairacres Home Improvement, an independent hardware store, and Green Valley Cafe and Deli which both provide goods and services to residents. Overall, Fairacres offers a low cost of living while having plenty of amenities to enjoy for all its citizens.