Looking for a fresh start in a new San Mateo neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in San Mateo for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 6,366
-35%
Cost of Living Index 163 vs 249
35% lower than San Mateo
Population 3,606
-31%
Cost of Living Index 172 vs 249
31% lower than San Mateo
Population 6,765
-28%
Cost of Living Index 179 vs 249
28% lower than San Mateo
Population 12,124
-22%
Cost of Living Index 194 vs 249
22% lower than San Mateo
Population 7,497
-21%
Cost of Living Index 197 vs 249
21% lower than San Mateo
Population 5,590
-17%
Cost of Living Index 207 vs 249
17% lower than San Mateo
Population 10,948
-13%
Cost of Living Index 217 vs 249
13% lower than San Mateo
Population 11,204
-13%
Cost of Living Index 218 vs 249
13% lower than San Mateo
Population 2,148
-4%
Cost of Living Index 238 vs 249
4% lower than San Mateo
Population 7,346
-3%
Cost of Living Index 242 vs 249
3% lower than San Mateo
Is This the Right Place for You? Local Insights Report
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Local Insights Report