Kenya is a country known for its vibrant culture, diverse wildlife, and scenic landscapes. With a population of over 50 million people, it has become a hub of economic activities in East Africa.
Nairobi, the capital city of Kenya, is home to many multinational corporations, which attract expatriates and locals alike.
As a result, the rental market in Kenya is growing, with furnished apartments for rent in Nairobi being in high demand.
Understanding the cost of living in Kenya is essential, especially for those looking to relocate or work in the country.
This article aims to provide an overview of the rental market in Kenya, highlight the cost of living, and offer insights into working and living in the country. We’ll cover everything from average rents in Kenya to apartment standards, working opportunities, and retirement options.
Whether you’re planning to move to Kenya or looking to invest in the rental market, this article will provide you with valuable insights. We hope that by the end of this article, you’ll have a better understanding of what to expect when living, renting, and working in Kenya.
II. Cost of Living in Kenya
A. Average monthly expenses in Kenya
The cost of living in Kenya varies depending on the city and lifestyle. In Nairobi, the average monthly expenses for a single person are around 60,000 Kenyan shillings (approximately $550 USD).
This includes
- Rent,
- Food,
- Transportation,
- and other basic necessities.
B. Minimum salary in Kenya
The minimum wage in Kenya is currently set at 14,014 Kenyan shillings per month (approximately $130 USD). However, some industries have higher minimum wages, such as the hospitality industry, where the minimum wage is 13,572 Kenyan shillings (approximately $125 USD) per month.
C. Middle-class earnings in Kenya
The middle-class in Kenya is estimated to earn between 50,000 and 250,000 Kenyan shillings (approximately $460 to $2300 USD) per month. This group of people is considered to have a relatively comfortable lifestyle and can afford basic luxuries.
D. Average income in Kenya
The average income in Kenya is around 150,000 Kenyan shillings (approximately $1380 USD) per month. However, this varies greatly depending on the industry and job.
E. Why is the cost of living high in Kenya?
The cost of living in Kenya is relatively high due to various factors, including the high cost of imported goods, high taxes, and inflation.
Additionally, the real estate industry has been booming in recent years, leading to an increase in rent prices.
F. Comparison of cost of living in Kenya to UK
The cost of living in Kenya is generally lower than that of the UK. For example, rent prices in Nairobi are on average 80% lower than in London.
However, some imported goods can be expensive, which can drive up the cost of living for expatriates.
III. Renting in Kenya
A. Average rent in Kenya per month
The average rent in Kenya varies depending on the location and type of property.
In Nairobi, a one-bedroom apartment can cost anywhere between 15,000 to 50,000 Kenyan shillings (approximately $140 to $460 USD) per month, while a three-bedroom apartment can cost between 35,000 to 100,000 Kenyan shillings (approximately $320 to $920 USD) per month.
B. Furnished apartments for rent in Nairobi
Furnished apartments are a popular choice for expatriates and those who prefer a hassle-free move. In Nairobi, the rent for a furnished one-bedroom apartment can start at around 50,000 Kenyan shillings (approximately $460 USD) per month.
C. Can foreigners rent a house in Kenya?
Yes, foreigners can rent a house in Kenya. However, they must have a valid work permit or visa to be able to legally rent a property.
D. Apartment standards and serviced apartments
The standards of apartments in Kenya can vary greatly depending on the price and location. It is important to do research and view properties before signing a lease. Serviced apartments are also available in Kenya, which offer amenities such as cleaning services, security, and utilities, for a higher price.
E. How is rent paid in Kenya?
Rent in Kenya is typically paid on a monthly basis. Most landlords prefer to be paid through bank transfers or mobile money, such as M-PESA.
F. Is Nairobi cheap to live in?
Nairobi is generally considered more expensive than other cities in Kenya, but it is still relatively affordable compared to other major cities in the world. The cost of living can be higher in the city center and popular suburbs, but there are also more affordable options available in other areas.
IV. Working in Kenya
A. The official Kenya government website for work and application processing
The official website for work and application processing in Kenya is the Ministry of Labor and Social Protection. It provides information on the application process for work permits, visa requirements, and other necessary documentation.
B. Opportunities for working in Kenya
Kenya has a growing economy and various opportunities for employment, particularly in the sectors of tourism, agriculture, and technology. The country also has a large expatriate community, which provides opportunities for skilled foreign workers.
Finding suitable accommodation is an important aspect of working in Kenya. Many employers offer accommodation as part of their employment package, but expatriates can also find their own accommodation. Furnished apartments, serviced apartments, and houses are available for rent.
D. Areas and suburbs to consider
Some of the most popular areas and suburbs to consider for accommodation in Nairobi include Kilimani, Kileleshwa, Westlands, and Lavington. These areas have a range of amenities, including restaurants, shopping malls, and entertainment centers, making them ideal for both work and leisure. It is important to do research and view properties before choosing a location to ensure it is suitable for one’s needs.
V. Retirement in Kenya
A. How much do you need to retire in Kenya?
The amount you need to retire in Kenya will depend on your lifestyle and personal preferences. According to some estimates, a comfortable retirement in Kenya can be achieved with a budget of around KES 50,000 to KES 150,000 per month. This budget can cover housing, food, transportation, healthcare, and other expenses.
B. Is Kenya a good place to retire?
Kenya can be a great place to retire for those who enjoy warm weather, wildlife, and natural scenery. The country has a relatively low cost of living, making it an affordable retirement destination. Additionally, there are various retirement communities and facilities that cater to retirees. Some of the popular areas for retirement in Kenya include Mombasa, Malindi, and the outskirts of Nairobi. However, it is important to consider the safety and security of the location, as well as access to healthcare and other necessary services.
VI. Conclusion
A. Recap of the key points in the article
In this article, we have explored the rental market in Kenya, the cost of living, and the opportunities for working and retiring in the country. We have discussed the average rent in Kenya, furnished apartments for rent in Nairobi, and how to rent a house as a foreigner. We have also covered the average monthly expenses in Kenya, the minimum salary, and the middle-class earnings in the country. Furthermore, we have discussed the official Kenya government website for work and application processing, as well as the areas and suburbs to consider when looking for accommodation in Kenya.
B. Final thoughts on renting, living, and working in Kenya
Kenya offers a unique blend of diverse cultures, natural beauty, and a growing economy, making it an attractive destination for expats and retirees. The cost of living is relatively low, and there are opportunities for career growth and investment. However, it is important to conduct thorough research before making any major decisions. This includes understanding the cost of living, the rental market, and the opportunities for working and retirement in the country.
C. Contact us for more information or to rent a property in Kenya.
If you are interested in renting a property in Kenya, please contact us for more information. Our website offers a wide range of properties for rent, including furnished apartments in Nairobi and other areas. We are committed to providing exceptional customer service and helping you find the perfect rental property in Kenya.
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