San Mateo, NM Economy

San Mateo, NM is a small town located in the southwest corner of New Mexico. It has a population of approximately 2,000 people and is known for its scenic views and peaceful atmosphere. The cost of living in San Mateo is very reasonable; two bedroom rent is about $910, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in San Mateo is 91 versus 100 in the US, meaning that groceries are much cheaper than they are elsewhere.
The town has several local businesses that offer great services to citizens including a library, grocery stores, restaurants, gas stations and more. There are also plenty of recreational activities such as golf courses and hiking trails nearby. All this makes San Mateo an ideal place to live for those looking for a quiet rural area with low costs.