Editor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list.
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 32nd city on the list — Overland Park, Kansas. This week, we look at Mobile, Alabama, and found three great homes — all for less than $500,000.
“Mobile offers inexpensive living and a mild, temperate climate. The median household income is $38,000,” MoneyWise wrote. “Winters are rainy and summers are hot and humid, making the town a perfect retirement getaway from snowier areas.”
“The city’s 18 major health care centers include a hospital and two nursing homes.”
Want to see examples of what you can find in Mobile? Jump with us, won’t you? (more…)