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What is a "good salary" in Kenya?
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Sevian wrote:hardwood wrote:I'd consider this a 'comfortable' lifestyle in that one can meet their needs in a good neighborhood in Nairobi. Family with 2 kids.
1. Rent 70k
2. food/shopping - 25k
3. car (loan+Insurance) 35k
4. fuel sh700*30days= 21k
5. lunch 250*20days = 5k
6. savings/sacco/NSE - 20k
7. school fees 2 kids at 80k per term each kid- 40k pm
8. entertainment 4 beers @250, 4 days a week - 20k
9. Medical - 10k
10. Relatives - 5k
11. Househelp - 10k
Total 261k
You need a net of 261K. Where and how I live reflects this. Lunch ya 250 ndio haiambatani na software ya 70k rent. And this would probably be 2 incomes, coming to a gross above 350k Lunch is only yako at the canteen kwa job for 20 working days a month, not family lunch. I have also added mpango 30k hapo juu.
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Rank: Member Joined: 9/11/2015 Posts: 245 Location: Thika
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hardwood wrote:I'd consider this a 'comfortable' lifestyle in that one can meet their needs in a good neighborhood in Nairobi. Family with 2 kids.
1. Rent 70k
2. food/shopping - 25k
3. car (loan+Insurance) 35k
4. fuel sh700*30days= 21k
5. lunch 250*20days = 5k
6. savings/sacco/NSE - 20k
7. school fees 2 kids at 80k per term each kid- 40k pm
8. entertainment 4 beers @250, 4 days a week - 20k
9. Medical - 10k
10. Relatives - 5k
11. Househelp - 10k
Total 261k
You need a net of 261K.
NB: Mpango will cost an extra 30k, so you will need 291k. Savings of 20k out of a 261k salary...rent of 70k, fuel of 21k, school fees of 40k per month,...that is living above your means in my opinion. Buying a guzzler when you cant afford to have one, living in estates you should not be in, and educating your children in schools you can barely afford. Typical middle class mindset I believe anyone should save/invest at least 30% of their income...at least. This is a perfect example of living from paycheck to paycheck. If you got fired today, your savings of 1 whole year cannot offset your expenses for one month. Are you from the lakeside region??  Since men have learned to shoot without missing, I have learned to fly without perching
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Jon Jones wrote:hardwood wrote:I'd consider this a 'comfortable' lifestyle in that one can meet their needs in a good neighborhood in Nairobi. Family with 2 kids.
1. Rent 70k
2. food/shopping - 25k
3. car (loan+Insurance) 35k
4. fuel sh700*30days= 21k
5. lunch 250*20days = 5k
6. savings/sacco/NSE - 20k
7. school fees 2 kids at 80k per term each kid- 40k pm
8. entertainment 4 beers @250, 4 days a week - 20k
9. Medical - 10k
10. Relatives - 5k
11. Househelp - 10k
Total 261k
You need a net of 261K.
NB: Mpango will cost an extra 30k, so you will need 291k. Savings of 20k out of a 261k salary...rent of 70k, fuel of 21k, school fees of 40k per month,...that is living above your means in my opinion. Buying a guzzler when you cant afford to have one, living in estates you should not be in, and educating your children in schools you can barely afford. Typical middle class mindset I believe anyone should save/invest at least 30% of their income...at least. This is a perfect example of living from paycheck to paycheck. If you got fired today, your savings of 1 whole year cannot offset your expenses for one month. Are you from the lakeside region?? I will advise my friend to move from that apartment in kileleshwa arudi eastlands, where he belongs.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Jon Jones wrote:hardwood wrote:I'd consider this a 'comfortable' lifestyle in that one can meet their needs in a good neighborhood in Nairobi. Family with 2 kids.
1. Rent 70k
2. food/shopping - 25k
3. car (loan+Insurance) 35k
4. fuel sh700*30days= 21k
5. lunch 250*20days = 5k
6. savings/sacco/NSE - 20k
7. school fees 2 kids at 80k per term each kid- 40k pm
8. entertainment 4 beers @250, 4 days a week - 20k
9. Medical - 10k
10. Relatives - 5k
11. Househelp - 10k
Total 261k
You need a net of 261K.
NB: Mpango will cost an extra 30k, so you will need 291k. Savings of 20k out of a 261k salary...rent of 70k, fuel of 21k, school fees of 40k per month,...that is living above your means in my opinion. Buying a guzzler when you cant afford to have one, living in estates you should not be in, and educating your children in schools you can barely afford. Typical middle class mindset I believe anyone should save/invest at least 30% of their income...at least. This is a perfect example of living from paycheck to paycheck. If you got fired today, your savings of 1 whole year cannot offset your expenses for one month. Are you from the lakeside region?? what is your level of education? That's a very ignorant stupid question.Go back to the bush you came from If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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I think the main issue here is that a net of less than 300k wont take you any far in Nairobi.
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Rank: Elder Joined: 10/3/2008 Posts: 4,058 Location: Gwitu
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If you earn over 250K,you should not be paying rent unless you have been working for less than five years. Nunua mbuloti Mwihoko na ujenge kibanda. Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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Rank: Member Joined: 1/20/2015 Posts: 489 Location: Nairobi
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Of all the posts above....its evident that all men have one thing in common: they must have a mpango wa kando aka yelo yelo day scholar! But I will be realistic with you: Rent: 45 - 60k (in Thome or Garden Estate, you will get stand alone bungalows and mansions at this price, with own gardens on a quarter or half an acre) Family Expenses: 50k (Food, Shopping) Education of kids: 50k per term upper middle class schools like Riara Springs where kids speak so flowery English better than akina Swenanis) Booze and njaro: 25k assuming 2 crates every week where a beer costs 250/= Mpango wa Kando: 20K student at USIU or KU, bedsitter 10k at Roysa, 10k shopping = unlimited supply of airport and landing permits!! Fuel: 20k assuming you drive a 2500 - 3000cc guzzler Parents at rural home: 15k monthly Charity: educate at least one or two orphans 20k per month TOTALS: 250K Enjoy every moment of your life, you never know when your time will come.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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kaka2za wrote:If you earn over 250K,you should not be paying rent unless you have been working for less than five years.
Nunua mbuloti Mwihoko na ujenge kibanda. Renting is cheaper than buying kwa wengine wetu who are just in Nairobi for money not to live and retire If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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UpcomingPaperChaser wrote:Of all the posts above....its evident that all men have one thing in common: they must have a mpango wa kando aka yelo yelo day scholar! But I will be realistic with you:
Rent: 45 - 60k (in Thome or Garden Estate, you will get stand alone bungalows and mansions at this price, with own gardens on a quarter or half an acre)
Family Expenses: 50k (Food, Shopping)
Education of kids: 50k per term upper middle class schools like Riara Springs where kids speak so flowery English better than akina Swenanis)
Booze and njaro: 25k assuming 2 crates every week where a beer costs 250/=
Mpango wa Kando: 20K student at USIU or KU, bedsitter 10k at Roysa, 10k shopping = unlimited supply of airport and landing permits!!
Fuel: 20k assuming you drive a 2500 - 3000cc guzzler
Parents at rural home: 15k monthly
Charity: educate at least one or two orphans 20k per month
TOTALS: 250K What? Rent in Thome is 170K as you can see <HERE>.Also, you have not included savings.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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hardwood wrote:UpcomingPaperChaser wrote:Of all the posts above....its evident that all men have one thing in common: they must have a mpango wa kando aka yelo yelo day scholar! But I will be realistic with you:
Rent: 45 - 60k (in Thome or Garden Estate, you will get stand alone bungalows and mansions at this price, with own gardens on a quarter or half an acre)
Family Expenses: 50k (Food, Shopping)
Education of kids: 50k per term upper middle class schools like Riara Springs where kids speak so flowery English better than akina Swenanis)
Booze and njaro: 25k assuming 2 crates every week where a beer costs 250/=
Mpango wa Kando: 20K student at USIU or KU, bedsitter 10k at Roysa, 10k shopping = unlimited supply of airport and landing permits!!
Fuel: 20k assuming you drive a 2500 - 3000cc guzzler
Parents at rural home: 15k monthly
Charity: educate at least one or two orphans 20k per month
TOTALS: 250K What? Rent in Thome is 170K as you can see <HERE>.Also, you have not included savings. Hio ni Thome ya TZ not Kenya Why save when there is NSSF?  If Obiero did it, Who Am I?
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