MetairieEditor’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 36th city on the list — Augusta, Georgia. This week, we look at Metairie, Louisiana, and found some great options from anywhere around $50,000 all the way to $549,000.

“Despite having less than 150,000 residents, Metairie is a very diverse place,” MoneyWise said. “This town offers a robust nightlife and a very low cost of living. The median household income is around $52,000. Locals consider this town to be a good compromise between big-city and suburban living.”

“Metairie is located just a 15-minute drive from New Orleans, so you can get a taste of the city any time you want,” the entry adds. “There is one healthcare center in Metairie, but access to New Orleans gives you a wide variety of healthcare providers.”

SPACIOUS CONDO WITH SURPRISING PRICE

Price: $50,000

Our first example of what you can find in Metairie if you’re really, really wanting to be frugal. And surprisingly, we found that being on a budget doesn’t have to mean borderline livable. (more…)