Jimmy Carter, the former president, resided in a $167,000 home for the past 43 years, which was less expensive than the Secret Service vehicles parked outside.

Jimmy Carter, after leaving the White House in 1981, resided in a more modest dwelling for the next 43 years.

The 39th president of the United States, Jimmy Carter, passed away on December 29, 2024, at the age of 100. He was the first U.S. president to reach his centennial birthday. Carter's funeral will take place at the National Cathedral in Washington, D.C. on January 9. President Joe Biden has declared it a day of mourning for the nation.

Carter lived a simple and modest life until his passing in 1961. He constructed his own ranch house, which he resided in until his demise. It is said that he will be buried on the property alongside his late wife, Rosalynn, who passed away in 2023.

The two-bedroom ranch in rural Plains, Georgia, which is a two-and-a-half hour drive south from Atlanta, was recently assessed at $167,066, according to public property records. This is less than the value of the armored Secret Service vehicles parked outside, as reported by the Washington Post in 2018.

According to Zillow, the house is priced at $239,700, which is below the median home price in Georgia of $326,280, as stated on the website.

The Carters were known for their frugal habits, such as dining with neighbors on paper plates and bargain-brand wine, making their own yogurt, and buying clothes at their local Dollar General store. They also flew commercial and showed up for the store's opening in Plains in 2004.

Carter earned a significant portion of his income in his later years through writing books, as reported by the Post. Thriftbooks.com lists 66 books authored by Carter, including a children's book and those reflecting on his presidency. In addition to this, he also received an annual pension of $246,400, which is standard for all former presidents.

Ex-presidents receive an allowance from the federal government for expenses such as travel and office space. According to the National Taxpayers Union Foundation, Carter received approximately $118,000 in such allowances last year.

Unlike the other former presidents, Carter led a simple life.

The former president, who left the White House in January and will return later this month to begin his second term, has spent most of his time out of office at his 17-acre South Florida luxury resort, Mar-a-Lago, which was valued at approximately $325 million by Forbes in 2023.

In 2017, Barack Obama bought an $8.1 million mansion in Washington, D.C., and in 2019, he purchased a nearly $12 million estate on Martha's Vineyard. Additionally, he made a "multi-million deal" with Audible, an audiobook and podcast service.

Joe Biden, the current president, has a net worth of approximately $10 million, according to Forbes' latest estimate. In contrast, Bill Clinton, a former president, had a debt of $16 million when he left the White House. However, he quickly paid off the debt through lucrative paid speeches and book deals. In his first year out of office, Clinton gave 57 speeches and earned $13.7 million from his "speaking and writing business," as reported by NPR in 2008, citing a 2001 tax return.

Clinton owns a $1.7 million home in Chappaqua, New York, a $1.1 million home next door, and a $2.85 million home in D.C. that he purchased in 2000.

George W. Bush, a former president, made $15 million in his first two years after leaving office through speaking engagements. He resides in a 1,600-acre ranch in Crawford, Texas, and bought a four-bedroom home in Dallas worth $2.5 million in 2009.

Carter was never known for his love of luxury living. It is said that he turned down most speaking fees and, when he did accept payment for an event, he often donated the money to his charity.

In 2018, the 2002 Nobel Peace Prize laureate stated to the Post that being rich was never his aspiration.

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