Editor's note: As the housing market continues to be competitive, older Americans approaching retirement as well as millennials just starting out want to get the most (or best) house for their money. Although these figures are from last fall, they still offer a starting point for further research:

Retirees hoping for a slice of the good life when they retire might want to keep in mind that they'll have more of a good life if they manage to hang onto some of that retirement money instead of blowing it all on the "ideal" retirement home.

In fact, 24/7 Wall St. has very kindly analyzed a bunch of data from the National Association of Realtors and the U.S. Census Bureau's American Community Survey, figuring out which housing markets in the country present the most—and least—bang for the buck.

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