How much money do you need to live comfortably in Kenya?

The prices all depend on the quality of life that you demand. 2018 figures from Numbeo show that a four-person family living in Nairobi can expect to spend Ksh193,854.79 a month simply on living costs — this figure doesn’t include rent or mortgage expenses. Kenya’s fast broadband service costs Khs5,507.69 a month.

What is considered a good salary in Kenya?

A person working in Kenya typically earns around 147,000 KES per month. Salaries range from 37,100 KES (lowest average) to 656,000 KES (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

Is $100 a lot in Kenya?

one hundred dollars is denominated in Kenya at 10150 Kenyan shillings approximately. It is not enough for livelihood and rent but two hundred dollars is enough for 2 people. Depends on where you live. For example it might be enough in some low income areas to pay rent, utilities and food.

IMPORTANT:  Why was gold important to ancient Ghana?

Is 50000 a good salary in Kenya?

The salary of Ksh 50,000 is the average figure for Kenyans living in towns. If the budget is squeezed appropriately, the money can sustain one for a whole month and some remain for savings.

How much is the average home in Kenya?

The average price for a 1-3 bedroom residential property is currently KES 14.4 million (US$140,666), while the average price for a 4-6 bedroom residential property is KES 39.1 million (US$ 381,948). In Kenya, most property purchases are for cash.

What is the highest paying job in Kenya?

Highest Paying Jobs in Kenya and their Salaries

  1. Politics. Politics is the highest paying job in Kenya. …
  2. Aviation. Aviation is one of the best paying careers in Kenya. …
  3. Law. …
  4. Medicine. …
  5. Engineering. …
  6. Journalism. …
  7. Non-Governmental Organizations. …
  8. Accounting and Actuary.

How much do middle class earn in Kenya?

According to the Economic survey 2017 by the Kenya National Bureau of Statistics, the lower income group comprises households with a monthly income of Kshs 23,670 and below; while middle income group comprises households with incomes ranging between Kshs 23,671 and Kshs 119,999 and finally the Upper income group enjoys …

How much is a loaf of bread in Kenya?

A single person estimated monthly costs are 494$ (53,793KSh) without rent. Cost of living in Kenya is, on average, 49.43% lower than in United States.

Cost of Living in Kenya.

Restaurants Edit
Water (12 oz small bottle) 47.34KSh
Markets Edit
Milk (regular), (1 gallon) 327.48KSh
Loaf of Fresh White Bread (1 lb) 47.06KSh
IMPORTANT:  How many federal states are there in Ethiopia?

Is $20 a lot in Kenya?

Daily Money Needed for Traveling in Kenya – I would say that if you have anywhere from $20 on the lowest end to $50 per day, depending on your style of travel and what sites you want to visit, you will be able to accomplish a lot and have a very enjoyable time in Kenya.

What is the average salary in Kenya?

What is the average salary in Kenya? A person working in Kenya typically earns a gross salary of $1,436/month, which includes basic pay and other benefits like housing, transport, and so on. The average net salary (after tax), on the other hand, is about $359.30/month, while the average hourly wage is $8.28.

How much rent should I pay based on my salary in Kenya?

Spend 33% of your salary on rent

What percentage of salary should go to rent in Kenya? While it is impossible for many people to work with the global 30% rule, you should aim at least 33% of your income.

How do people live on 30k salary?

How to Live Surprisingly Well on Just $30,000 a Year

  1. Rent or mortgage. Know what you can afford to spend. …
  2. Food and eating out. Take advantage of meal prepping. …
  3. Transportation. Be open to different forms of transport. …
  4. Education and child care. Financial assistance is available. …
  5. Phones. It’s possible to find an affordable phone plan. …
  6. Clothing. …
  7. Entertainment. …
  8. Health and wellness.

How do people live on 20k salary?

What you can do with the $20,000 saved:

  1. Get a jump start on retirement investing.
  2. Save up for a down payment on a home.
  3. Pay off debt.
  4. Buy a rental property (you can buy a rental property for just $5,000 with RealtyMogul)
  5. Start a business (you can create a blog with Bluehost for just $2.95 per month and your time)
IMPORTANT:  Does Mexico have more pyramids than Egypt?

How much does a 3 bedroom house cost in Kenya?

The average cost of building a 3 bedroom house in Kenya is Kenya shillings 2.5 million. The cost varies depending on where you are buying the materials from and location.

How much does it cost to build 2 bedroom house in Kenya?

A simple mabati house structure will cost you around Sh350,000 plus the finishing. If you need a 2-bedroom house, then around Sh700, 000 will be enough; Ksh. 1 Million will be enough for a 3-bedroom house.

How much is a Big Mac in Kenya?

The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in Nairobi is Shilling642.

African stories