How much does it cost to rent an apartment in Kenya?

Average rent for a 900 square foot apartment in a sought-after area of Nairobi is Ksh150,489, and monthly utilities are Ksh6,383 (prices correct May 2018.) Prices analysed in March 2018 by Expatistan show that Nairobi is 56% cheaper than London.

How much is monthly rent in Kenya?

Summary of cost of living in Kenya

Food
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area Shilling126,273
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area Shilling53,343
Utilities 1 month (heating, electricity, gas …) for 2 people in 85m2 flat Shilling28,998

How much does it cost to live comfortably in Kenya?

Family of four estimated monthly costs are 1,703$ (191,621KSh) without rent. A single person estimated monthly costs are 475$ (53,419KSh) without rent. Cost of living in Kenya is, on average, 51.21% lower than in United States. Rent in Kenya is, on average, 78.92% lower than in United States.

How much should you spend on rent Kenya?

Economists advise that rent should take up 15 to 30 per cent of the money allocated to needs. … For instance, a Kenyan earning a net income of Sh50,000 monthly, should set aside Sh25,000 (50 per cent) toward needs (rent, food, clothes, necessary travel and (maybe) school fees).

THIS IS AMAZING:  Quick Answer: What you need to know before buying land in Kenya?

How much money do you need to live in Nairobi?

Summary about cost of living in Nairobi, Kenya: Family of four estimated monthly costs are 1,804$ (202,902KSh) without rent. A single person estimated monthly costs are 505$ (56,763KSh) without rent. Nairobi is 63.81% less expensive than New York (without rent).

What can $100 buy in Kenya?

$100 can get you the following at this exchange rate of Kshs 109.2: An Uber: $7.5-18 to anywhere within Nairobi. AirBnb, single room/night: $10–25; rent can be anywhere from $75–110 for studio. Food: $15–30, take out.

Clothes per pair:

  • Jeans: $10–15.
  • Shirts: $7–15.
  • Socks: $. …
  • Shoes: $10–45.

Is Kenya more expensive than Nigeria?

Kenya is 54.3% more expensive than Nigeria.

Is food cheap in Kenya?

While meal prices in Kenya can vary, the average cost of food in Kenya is KES2,858 per day. Based on the spending habits of previous travelers, when dining out an average meal in Kenya should cost around KES1,143 per person. Breakfast prices are usually a little cheaper than lunch or dinner.

Why is Nairobi so expensive?

A valuer and real estate consultant in Nairobi, Peter Kimeu, says sub-division is causing land prices to rise. Land grabbing, speculative buying of land by the rich and fraudulent transactions in the Ministry of Lands— including trade in fake title deeds and double allocations— also make the city expensive.

Is 30000 a good salary in Kenya?

According to Joel, if one is able to keep track of his or her spending and lives according to their monthly earnings, this 30K salary should be enough. … “KSh 30,000 salary should be more than enough for a fresh graduate in Kenya. Remember for graduates it is not about the money but the experience that will matter.

THIS IS AMAZING:  You asked: How much does it cost to clear a car in Nigeria Port?

How can I survive 20K salary in Nairobi?

Survive With 20K In Nairobi

  1. Look for a house with a rent of about Ksh.4,000 per month.
  2. For transport use public means.
  3. Buy food stuffs in bulk from wholesale markets such as (Githurai, Marikiti etc)
  4. Pay for insurance.
  5. Pay water bills and electricity bills.
  6. The rest of the money can be saved. Conclusion.

What can you afford with 30K salary?

Example budget for a $30,000 salary

  • Savings of 10% = $198.
  • Rent/ Mortgage + Utilities= $661 (⅓ of income)
  • Car Payment= $0 (You can purchase a cheap Honda or Toyota for about 2k.)
  • Car Insurance= $100.
  • Health Insurance= $100.
  • Cellphone= $50.
  • Internet= $50.
  • Gas= $60.

How much is average rent in Nairobi?

The monthly rent for a one-bedroom apartment in the Nairobi city center averaged 434.76 U.S. dollars, whereas it cost only 191.21 U.S. dollars outside the center.

Is Kenya cheap to travel?

Kenya is an expensive country to visit. It can cost you upwards of $4000 to visit Kenya. However, You can make it more affordable if you avoid attractions visited often by international tourists.

What is Nairobi currency?

The Kenyan Shilling is the currency of Kenya. Our currency rankings show that the most popular Kenyan Shilling exchange rate is the KES to USD rate. The currency code for Shillings is KES, and the currency symbol is KSh.

Central Bank Rates.

Currency Interest Rate
JPY -0.10%
CHF -0.75%
EUR 0.00%
USD 0.25%