8 mid-sized cities where a $3,000 pension goes twice as far

8 mid-sized cities where a $3,000 pension goes twice as far 3. Huntsville, Alabama - Rocket City with Rock-Bottom Costs ©Wikimedia Tucked away in the hills of northern Alabama, Huntsville is a frequent flyer on affordability lists for its competitive housing costs and high quality of life, ranking number two for value overall. There's something quietly remarkable about a city that houses NASA engineers and retirees under the same very affordable roof. It's an unusual and energizing mix. Alabama has a cost of living index of 87.9, the third-lowest in the country, with the second-lowest housing costs across all states and the average single-family house selling for just $170,184. For someone drawing $3,000 a month, that means housing costs that barely register compared to what they'd pay in a coastal city. Alabama also has especially attractive tax policies, including no income taxes on retirement income from government pensions or 401(k) plans. Reference: www.ms...
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Intelligent Finance | 7 Good Reasons Why Owning a House is Better than Renting

7 Good Reasons Why Owning a House is Better than Renting

Home Sweet Home! That’s what we all want, right? Yes, and to complicate matters, there are so many choices to make to find the just-right place for you. Let’s start from the beginning. If we want to make the right choice, we need to first look at whether to rent or to own. This gets down to the basics, and in this article, we’ll make 7 arguments for owning rather than renting. By the end, you can decide if you agree with it for your own situation. Let’s count the ways.

Reference: homeia.com

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