Not everyone can spend $1 million or more on a second home, even if it’s with the idea that eventually you’ll retire there. So when MoneyWise’s list of 40 places to retire that are more budget-friendly came out, we were curious — what kind of homes could you find in these towns?
Last week, we looked at the 36th city on the list — Augusta, Georgia. This week, we look at Metairie, Louisiana, and found some great options from anywhere around $50,000 all the way to $549,000.
“Despite having less than 150,000 residents, Metairie is a very diverse place,” MoneyWise said. “This town offers a robust nightlife and a very low cost of living. The median household income is around $52,000. Locals consider this town to be a good compromise between big-city and suburban living.” (more…)