10 Places to Buy a Retirement Home for Under $150,000

Slash your housing costs by retiring in one of these budget-friendly cities.

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Bangor, Maine

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Located on the banks of the Penobscot River, Bangor offers a variety of recreation opportunities ranging from prolific outdoor activities to museums and a symphony orchestra. But median home values remain low – just $135,100 in 2012, according to Census Bureau data.

Next: Champaign-Urbana, Ill.


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