Categories: Retirement Life

BEST PLACES IN EVERY STATE TO LIVE ON A FIXED INCOME

ALABAMA: DECATUR

Alabama might be the best state to retire on a fixed income, especially if you want your retirement nest egg to stretch the furthest. Decatur has a stable housing market, making it a safe choice for those on a fixed income. Home values increased less than 5 percent year over year, while rents actually decreased. Additionally, homes are relatively affordable, with the median home value at $116,900.

ALASKA: PALMER

Alaska is an income-tax-free state, making it one of the best places to retire on a fixed income. Home values in Palmer increased only about 2 percent year over year, but home prices are still relatively high compared with other cities on this list: The median home value is $252,400. But there is good news for renters, as the median rent decreased about 9 percent year over year.

ARIZONA: SIERRA VISTA

If you’re thinking of buying a home on a fixed income, consider Sierra Vista. Home values in Sierra Vista rose less than 1 percent year over year, which means the market there is less volatile than the state as a whole: Arizona’s home values increased about 7 percent over the same time period, according to Zillow.

Prev 2 of 20 Next

Share

Recent Posts

  • Fun Dose

30 People Who Were Lucky to Find Amazing Things in Thrift Stores, Flea Markets and Garage Sales

The best part about shopping at thrift stores is that you never know what you… Read More

6 years ago
  • Fun Dose

23 Times When People Had to Share the Weird Things They’ve Seen in the Woods

There is something mysterious and whimsical about the forest. The dense trees cluster to hide… Read More

6 years ago
  • Fun Dose

28 Pics Taken at the Right Time

We are huge fans of perfectly timed photos that capture funny or unexpected moments that come and… Read More

6 years ago
  • Fun Dose

Tall People Are Sharing Their Everyday Struggles In 25 Funny Pics

The answer to what is the perfect height truly is a conundrum, just ask Alice… Read More

6 years ago
  • Life

13 Things on Which You’re Spending Way Too Much Money

  You can save thousands of dollars a year by making small changes to your… Read More

6 years ago
  • Life

40 Etiquette Mistakes You Shouldn’t Make After 40

Whether you're in a rush and forget to say "thank you" to the barista making… Read More

6 years ago