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Home » Africa and Middle East » How much does it cost to rent an apartment in Kenya?

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

December 14, 2021 by Bridget Gibson

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

Contents

How much is rent in Kenya?

Prices are 47% lower than in the USA. 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.)

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).

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).

How much is monthly rent in Kenya?

Summary of cost of living in Kenya

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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

Is food cheap in Kenya?

While meal prices in Kenya can vary, the average cost of food in Kenya is KES2,858 per day.Breakfast prices are usually a little cheaper than lunch or dinner. The price of food in sit-down restaurants in Kenya is often higher than fast food prices or street food prices.

Which is the best place to live in Kenya?

  • Nakuru. Nakuru is one of the best places to live in Kenya.
  • Mombasa. Mombasa ranks as one of the best places to live in Kenya because of its great services, location, and features.
  • Eldoret. Eldoret is another best estate to live in Kenya.
  • Kisumu. Kisumu is a warm lake city in the Nyanza region of Kenya.

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 it safe to live in Kenya?

Safety in Kenya is a concern for many residents and new arrivals. Crime is, undeniably, an issue, especially in Kenya’s larger cities of Nairobi and Mombasa. Still, with the necessary precautions and a bit of common sense, expats should be able to live a relatively peaceful day-to-day life in Kenya.

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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.

What is a good salary in Nairobi?

Salary rankings by profession

Job type Median salary (USD) Salary ranking compared to all cities
C Level Executive $119,491 95/265
Physician $37,841 182/265
Operations Manager $36,834 176/265
Finance Manager $32,484 202/265

How do you budget 30K salary?

Here are some things you need to try on how to manage 30,000 salary;

  1. Ensure that you buy foodstuff in bulk.
  2. Pay your rent, electricity bills and water bills in advance.
  3. In terms of transportation, use public means to cut on the cost.
  4. Pay yourself after receiving the salary.
  5. The other important thing to do is to save.

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?

No, Kenya is certainly not a budget destination. The country has traditionally been visited by wealthy, elderly tourists. You will notice this in many things such as accommodation and safari prices.Public transport is cheap, food and especially fresh fruit are affordable and accommodations do not have to be expensive.

What is Nairobi currency?

Kenyan Shilling
The Kenyan Shilling is the currency of Kenya.
Kenyan Shilling Stats.

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Name Kenyan Shilling
Inflation 8.00%
Top KES conversion KES to USD
Top KES chart KES to USD chart

Is Kenya cheaper than Nigeria?

Kenya is 54.3% more expensive than Nigeria.

What is the minimum wage in Kenya?

10,107.10 shillings per month
Kenya’s minimum wage rate is set by the government by location,age and skill level; the lowest urban minimum wage was 10,107.10 shillings per month,and the lowest agricultural minimum wage for unskilled employees was 2,536 shillings per month,excluding housing allowance.

Which is the best place to live in Nairobi?

List of Top 10 Best Places to Live in Nairobi 2020

  • Muthaiga.
  • Gigiri.
  • Lavington.
  • Kileleshwa.
  • Ridgeways.
  • Runda.
  • Kilimani and Hurlingham.
  • Karen.

How much does a banana cost in Kenya?

Food prices from our Cost of Living Section

Markets Edit
Banana (1 lb) 50.48KSh
Oranges (1 lb) 74.03KSh
Tomato (1 lb) 46.77KSh
Potato (1 lb) 43.29KSh

Can you spend US dollars in Kenya?

Kenya’s national currency is the Kenyan Shilling and although foreign currencies such as US Dollars are widely accepted (and indeed the currency required for activities like hot-air balloon safaris) we’d recommend using local currency to pay for bar bills, souvenirs and meals not included in your itinerary.

Filed Under: Africa and Middle East

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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