Update: ‘It is similar to the U.S. that I matured in,’ states 73-year-old who left America for a beach town in Mexico, where you can survive on $1,000 a month

Update: ‘It is similar to the U.S. that I matured in,’ states 73-year-old who left America for a beach town in Mexico, where you can survive on $1,000 a month

If you’re looking for 73- year-old Lee Grey, he’s the gray-haired man speeding around town on a motorbike.

” I’m on a motorcycle most of the time,” the retired father informs MarketWatch. “I don’t play videogames, I drive a bike in Mexico. That suffices enjoyment,” he jokes– keeping in mind that another perk of riding it is that “one [almost] always gets parking near the front door in the shade.” He likes motorbikes a lot that he invested five weeks riding one from Barcelona to Rome on a current vacation, has actually ridden one from Seattle to Mexico numerous times in recent years, and strikes up a bike program in Mexico City each year with his friends.

Even beyond the bikes, he’s had a far from traditional life, having resided in Oregon, Washington, California, Alaska, Hawaii, Wisconsin, Florida, Tennessee and Georgia; checked out more than 30 nations; and invested 3 years sailing in the Pacific. However Mazatlan, Mexico– where he moved 12 years ago– is “the longest I have actually ever been at one address in my life,” he informs MarketWatch.

But for Grey, it’s the old-school feel of Mazatlan that really won him over.

Mexico has a long method to go before it gets to U.S. standards of living, as its average income is well listed below ours– the average yearly earnings is just over $15,000 in Mexico– and crime for the nation is raised, especially in some locations.

However for Grey, Mazatlan works.

Mexico, Mazatlan

Expense: Mazatlan is low-cost to live in– one woman we spoke to earlier this year lives there on $1,000 a month— and Grey says some individuals get by on even less.

For insurance, he drops a little over $1,000 a year to secure his motorcycle and car, upward of $1,600 a year on health insurance coverage (see below), and $750 for house owners insurance coverage, he states.

One thing that keeps expenses down is that real estate tends to be low-cost here ( you can lease a good spot for $300; and Grey states you can buy a good home for $100,000); Grey lives in a four-bedroom, two-and-a-half-bath house that’s walkable to the beach, and though home taxes are low, he says he pays about $680 for HOA fees.

The deck of Lee’s home

Health care: Grey pays a little over $1,600 a year for personal insurance, he says, adding that his U.S.-trained physician charges about $10 for a clinic go to, and that a specialist might charge $25

Plus, “I will sit down and chat with anyone, to me it’s not a big deal,” he explains, noting that he when even ended up getting a coffee with a police officer who stopped him for speeding on his motorcycle.

He’s even been “embraced” by a regional family, he explains: “That sounds unusual, and in the U.S. it would be.


Transportation: Grey favors his motorbike, but notes that some parts of Mazatlan (like the Old Town neighborhood) are simple to live in without a vehicle, though others are not. One alternative if you don’t want to handle an automobile is the pulmonia, which are taxis that are essentially “glorified golf carts powered by VW beetle air cooled engines,” he discusses– adding that you can hop a ride in one for about $4.

Criminal Activity: “This is truly overstated in the U.S. I have actually never ever been the victim of a criminal activity and do not understand anybody who has. Like anywhere, one needs to be observant. Don’t get cash out of an ATM at 2: 00 in the early morning in some locations– just like any city,” he states. He adds, different parts of Mexico might be various– and less safe. And, certainly, as kept in mind above, Mazatlan remains in a state that the U.S. government considers hazardous.

Cons: The traffic scenario here is getting worse, Grey states, and in some cases his fellow motorists drive him nuts. “Mexicans are polite but when they get in a car they all think they remain in a Formula One race,” he states with a laugh. “I don’t understand why either since being late is not important here. They do not need to be anywhere on time, being late is not frowned on here.” He also includes that it can fume here, especially inland, so “air conditioning is basically obligatory,” though he lives by the beach so the breeze keeps it cooler there.

Bottom line: It’s not for everyone, Grey says. “The biggest issue I see for individuals getting used to life here is for those not accustomed to change. Life is extremely various here than in the U.S. Not necessarily better or worse, simply various. Some can not handle that. I have lived in nine states, checked out 31 countries and invested three years cruising around the western Pacific. I adjust to the brand-new quickly. My mom could never ever have actually moved here and enjoyed.”

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