Categories: Retirement Life

BEST PLACES IN EVERY STATE TO LIVE ON A FIXED INCOME

NEVADA: ELKO

Rental costs in Elko increased about 2 percent year over year, but they decreased about 3 percent in the previous quarter, which could make rent more affordable for those earning a fixed income.

NEW HAMPSHIRE: BERLIN

New Hampshire is the best state — in terms of income levels, safety and other quality-of-life factors — if you want to create a richer life for your family. And home prices in Berlin are nearly 60 percent cheaper than the national median.

NEW JERSEY: ABSECON

The median home price in New Jersey is $313,200, according to Zillow, while in Absecon it is $159,300. Home values in the city have remained stagnant, but rent is actually becoming more affordable: Rent prices decreased about 1 percent over the last year.

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