Categories: Retirement Life

BEST PLACES IN EVERY STATE TO LIVE ON A FIXED INCOME

MISSOURI: SPRINGFIELD

Home and rent prices are both below the national median in Springfield: The median home value in the city is $123,300, and rent is $833. Not only does Springfield have the cheapest rent of all the cities included in this study, but the prices are stagnant too: They increased less than 1 percent over the last year, which is helpful for renters on a fixed income.

MONTANA: GREAT FALLS

Renters with a fixed income in Great Falls shouldn’t have to worry too much about rent hikes: Prices went up less than 2 percent in the last year. The median rent price in Great Falls is $1,197.

NEBRASKA: NORTH PLATTE

Housing costs in North Platte are at 68 percent of the U.S. median. Home values showed a 2 percent growth year over year, but North Platte’s median home value of $141,500 is over $66,000 less than the U.S. median.

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