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DALTX Real Estate > Frugal Retirement > Want Truly Frugal Retirement? Try Cedar Rapids, MoneyWise Says
Frugal Retirement

Want Truly Frugal Retirement? Try Cedar Rapids, MoneyWise Says

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640px-DowntownCedarRapids
Downtown Cedar Rapids, Iowa (Photo courtesy Wikimedia Commons/Cory Munson)

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 26th city on the list — Springfield, Missouri. This week, we look at Cedar Rapids, Iowa, and found three great homes — all for less than $225,000.

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“This small city of 128,000 is developing at a quick pace. Traffic can be heavy during rush hours, but you will find easy access to the interstate highway,” MoneyWise said. “Cost of living is low, with a median income of $53,000. Winters can be quite cold and long, while summers are hot and humid.”

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“For people who are used to definite seasons and want to take advantage of investment potential in this growing city, Cedar Rapids is a great retirement option. This community has 16 healthcare centers and rates highly for medical access.”

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What will you pick — the sleek industrial studio condo, the pretty little cottage, or the 1922 Craftsman? Head to SecondShelters.com to check them out.

 

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TAGGED:Budget RetirementCedar RapidsCedar Rapids IowaMoneyWiseRetirementsecond homesSecond Shelters
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