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What is a "good salary" in Kenya?
Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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tnai9 wrote:Swenani wrote:
what do you mean net of 300K and struggling?
After paying rent, assuming a family of 4(Husband, wife and two kids) an income of 240K should be enough including taking the kids to LIALA SPLINGS and be able to still save upwards of 100K p.m. Ama, how do people spend their money? I could be missing out on life unless people are drowning in debts!
https://www.olx.co.ke/ad...D15Osp4.html#26032e72dc
Assume ksh 300K net salary: Monthly expenses Rent 95K Food 30K(Very very conservative) Shopping 20K Fuel(Assume 2 cars) 20K Fees 30K (per term 60K per child,120K per term(2kids)/4 months=30K) Water+ stima 10K Entertainment 20K 235K. Now you have 65K left. This is a must every month Contingencies?? Sacco?? Relatives?? Savings??? In my opinion, 300K net can only afford you fitting life in Kile/Kilimani if you live in your own house. Otherwise you will need to change lanes and do with langatas/South B/C/Ruakas/Burus etc 300K gross peeps living in Kile,Kilimani will really struggle and wont save or repay loans. Unless you and wife earn that much ie 600K combined.Else, move to Syokimau,SouthC,LA,Rongai etc. Formally employed people often live their employers' dream & forget about their own.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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tnai9 wrote:Swenani wrote:
what do you mean net of 300K and struggling?
After paying rent, assuming a family of 4(Husband, wife and two kids) an income of 240K should be enough including taking the kids to LIALA SPLINGS and be able to still save upwards of 100K p.m. Ama, how do people spend their money? I could be missing out on life unless people are drowning in debts!
https://www.olx.co.ke/ad...D15Osp4.html#26032e72dc
Assume ksh 300K net salary: Monthly expenses Rent 95K Food 30K(Very very conservative) Shopping 20K Fuel(Assume 2 cars) 20K Fees 30K (per term 60K per child,120K per term(2kids)/4 months=30K) Water+ stima 10K Entertainment 20K 235K. Now you have 65K left. This is a must every month Contingencies?? Sacco?? Relatives?? Savings??? In my opinion, 300K net can only afford you fitting life in Kile/Kilimani if you live in your own house. Otherwise you will need to change lanes and do with langatas/South B/C/Ruakas/Burus etc what are the 5 people eating in the house that costs 50K every month(shopping+food)?Some of the items are not bought on a monthly basis. School fees in LIALA including transport per term comes to around 85K(lower primary) so 43K per month for 12 months for the two kids should be enough to cover for the whole year.As for the rent, you can also get a 3 bedroom for less than 60K. https://www.olx.co.ke/ad...D15Kb6F.html#18f9064c16
So reworking your projections Assume ksh 300K net salary: Monthly expenses Rent 65K Food 30K(Very extravagant) Shopping 20K(extravagant) Fuel(Assume 2 cars) 20K Fees 510K per year for two kids (=510/12=42.5K) Water+ stima 10K Entertainment 20K 207.5K. Now you have 92.5K left. if you remove 32.5K for mzee's co-curricula activities (landing once per week, funerals, drinks etc), you still have 60K which is a decent percentage of 20% of your net If Obiero did it, Who Am I?
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Rank: Member Joined: 6/21/2010 Posts: 345 Location: easto
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Swenani wrote:
So reworking your projections
Assume ksh 300K net salary:
Monthly expenses
Rent 65K
Food 30K(Very extravagant)
Shopping 20K(extravagant)
Fuel(Assume 2 cars) 20K
Fees 510K per year for two kids (=510/12=42.5K)
Water+ stima 10K
Entertainment 20K
207.5K. Now you have 92.5K left.
A 3br aprt. at 65K p.m in Kilimani will be on 7th floor. There is living the real and comfortable life of kilimani/kile and there is the trying to fit, where if there is an emergency - medical or otherwise requiring significant amounts(self/nuclear family) or a job loss you cannot survive there for another two months. I love keeping to my lane..and being very realistic.. "The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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tnai9 wrote:Swenani wrote:
So reworking your projections
Assume ksh 300K net salary:
Monthly expenses
Rent 65K
Food 30K(Very extravagant)
Shopping 20K(extravagant)
Fuel(Assume 2 cars) 20K
Fees 510K per year for two kids (=510/12=42.5K)
Water+ stima 10K
Entertainment 20K
207.5K. Now you have 92.5K left.
A 3br aprt. at 65K p.m in Kilimani will be on 7th floor. There is living the real and comfortable life of kilimani/kile and there is the trying to fit, where if there is an emergency - medical or otherwise requiring significant amounts(self/nuclear family) or a job loss you cannot survive there for another two months. I love keeping to my lane..and being very realistic.. Wapi holidays, keeping fit, monthly bashes, club members etc Vehicles are minimum 3.  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Angelica _ann wrote:tnai9 wrote:Swenani wrote:
So reworking your projections
Assume ksh 300K net salary:
Monthly expenses
Rent 65K
Food 30K(Very extravagant)
Shopping 20K(extravagant)
Fuel(Assume 2 cars) 20K
Fees 510K per year for two kids (=510/12=42.5K)
Water+ stima 10K
Entertainment 20K
207.5K. Now you have 92.5K left.
A 3br aprt. at 65K p.m in Kilimani will be on 7th floor. There is living the real and comfortable life of kilimani/kile and there is the trying to fit, where if there is an emergency - medical or otherwise requiring significant amounts(self/nuclear family) or a job loss you cannot survive there for another two months. I love keeping to my lane..and being very realistic.. Wapi holidays, keeping fit, monthly bashes, club members etc Vehicles are minimum 3. Seems 300k net is too little to live on. 500k net might be the minimum for a decent life in the city.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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So 423311 haitoshi kuishi Nyrobee? This Nyrobee is not my home
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Rank: Member Joined: 6/21/2010 Posts: 345 Location: easto
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Swenani wrote:what are the 5 people eating in the house that costs 50K every month(shopping+food)?Some of the items are not bought on a monthly basis. School fees in LIALA including transport per term comes to around 85K(lower primary) so 43K per month for 12 months for the two kids should be enough to cover for the whole year.As for the rent, you can also get a 3 bedroom for less than 60K. https://www.olx.co.ke/ad...D15Kb6F.html#18f9064c16
So reworking your projections Assume ksh 300K net salary: Monthly expenses Rent 65K Food 30K(Very extravagant) Shopping 20K(extravagant) Fuel(Assume 2 cars) 20K Fees 510K per year for two kids (=510/12=42.5K) Water+ stima 10K Entertainment 20K 207.5K. Now you have 92.5K left. if you remove 32.5K for mzee's co-curricula activities (landing once per week, funerals, drinks etc), you still have 60K which is a decent percentage of 20% of your net And I didn't factor in middle class problems of Nairobians - Car(s) may be be on loan plus their servicing - There are the education policies running - Bank loans for a mugunda in Ngong etc - Gym .. .. 300k net huwesmake "The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski
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Rank: Member Joined: 6/21/2010 Posts: 345 Location: easto
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Lolest! wrote:So 423311 haitoshi kuishi Nyrobee?
This Nyrobee is not my home Hii net ni sawasawa sana..Kile/kilimani you will be very comfortable in an apartment. But many main houses in these areas huwesmake. "The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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tnai9 wrote:Swenani wrote:
So reworking your projections
Assume ksh 300K net salary:
Monthly expenses
Rent 65K
Food 30K(Very extravagant)
Shopping 20K(extravagant)
Fuel(Assume 2 cars) 20K
Fees 510K per year for two kids (=510/12=42.5K)
Water+ stima 10K
Entertainment 20K
207.5K. Now you have 92.5K left.
A 3br aprt. at 65K p.m in Kilimani will be on 7th floor. There is living the real and comfortable life of kilimani/kile and there is the trying to fit, where if there is an emergency - medical or otherwise requiring significant amounts(self/nuclear family) or a job loss you cannot survive there for another two months. I love keeping to my lane..and being very realistic.. So how much should one earn to live and not survive in Nairobi? If earning a net of 300K is survivng in Nbi, I'll relocate to Turkana, maybe I can live on a mere net income of 500K If Obiero did it, Who Am I?
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Rank: Member Joined: 6/21/2010 Posts: 345 Location: easto
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Swenani wrote:
So how much should one earn to live and not survive in Nairobi?
If earning a net of 300K is survivng in Nbi, I'll relocate to Turkana, maybe I can live on a mere net income of 500K
The caveat here is where you want to stay and where you want to take your kids to school. In some estates, with 300K pm, you will be the king, but in others, that will be somebody's rent. Reason in wazua lingo, there is the story of lanes...lanes my friend "The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski
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