One hundred dollars a day is $27,375 per year—after a 25% tax rate—or $2,281 per month. Communities with a median housing cost of $192,000 means a mortgage payment just over $700 a month, which leaves $1,562 each month for everything else. AARP culled a list of 200 cities down to 10 by focusing on “things that make life worth living: the arts and culture, colleges, restaurants, community.” The top 10 places to live for Americans over 50 are: Eau Claire, Wis.; Gainesville, Fla.; Grand Junction, Colo.; Las Cruces, N.M.; Morgantown, W. Va.; Omaha, Neb.; Pittsburgh, Pa.; Roanoke, Va.; San Antonio, Texas; and Spokane, Wash. Spokane has plenty of charm with its tree-shaded streets and old single-family homes, but still provides plenty of urban offerings as the largest city between Seattle and Minneapolis.
AARP The Magazine names its top 10 places to live on $100 a day (DailyFinance)
By Staff Writer
July 18, 2012 • Reprints
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