Frequent question: How much does rent cost in Kenya?

What is the average 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 in Kenya?

Family of four estimated monthly costs are 1,702$ (191,473KSh) without rent. A single person estimated monthly costs are 474$ (53,355KSh) without rent. Cost of living in Kenya is, on average, 51.29% lower than in United States. Rent in Kenya is, on average, 79.00% lower than in United States.

How much do you need to live comfortably 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’s the average house price 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.

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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

Is 50 dollars 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.

Is Kenya a poor country?

Although Kenya’s economy is the largest and most developed in eastern and central Africa, 36.1% (2015/2016) of its population lives below the international poverty line. This severe poverty is mainly caused by economic inequality, government corruption and health problems.

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.

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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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.

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

Why are houses so expensive in Kenya?

In Nairobi, construction costs makes the largest component of house prices followed by taxes (VAT & Sales). Most costs are usually passed on to buyers in the form of higher house prices and house rents.

How much does an acre cost in Kenya?

By the end of 2017, the average land price in Nairobi was Sh189m ($1.89m)an acre. represented a sharp deceleration from 2016, when prices grew by 17.99 per cent. The average land price in the county closed 2017 at Sh5. 2m ($52,000) per acre, up from Sh3.

Is Kenya cheaper than India?

India is 25.6% cheaper than Kenya.