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 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
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…)