Categories: Retirement Life

BEST PLACES IN EVERY STATE TO LIVE ON A FIXED INCOME

VIRGINIA: LYNCHBURG

The median home value in Lynchburg is almost $100,000 less than the statewide median, making it an affordable option for those wishing to live in Virginia on a fixed income. It’s also a stable housing market: Values increased about 3 percent over the last year.

WASHINGTON: WENATCHEE

Home values are on the rise in Wenatchee, increasing about 7 percent year over year to a current median of $290,700. Rents, however, have been on the decline, with the median rent decreasing almost 4 percent to $1,531 per month.

WEST VIRGINIA: PARKERSBURG

Home prices in Parkersburg are among the lowest compared with the other cities in this study, with the median home value at $104,500. Rent is also among the cheapest at $860 per month, and prices decreased both year over year and quarter over quarter.

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