What is considered a good salary in Kenya?

160

Good salary in Kenya is from Ksh 100,000 per month.If you earn Ksh 100,000 to Ksh 3 million, then you are among the people earning good salary. Only 1% of the population earn above Ksh100, 000 in Kenya.

With a salary of Ksh 100, 000, you will live in a good house, probably in apartment in Kitengela or Ngong, you will buy a car and take your children to school. You will also remain with at least Ksh20, 000 for savings.

If you earn Ksh 200, 000, you will spend Ksh 50,000 to Ksh 100,000 monthly and save the rest. You can even take a mortgage.

A salary of Ksh 100,000 will enable you pay your bills, save, invest and go for a holiday. But you cannot live extravagantly on this salary, you have to budget well.

Upper middle class earn over Ksh 200,000 monthly and they are people who can spend Ksh 100,000 monthly and still remain with some for savings. Spending Ksh 100,000 means that you buy the best foods, best clothes and drives a good car.

Since in Kenya, every employed person supports people in the family. You need a good salary for you to be able to sustain your lifestyle and the lives of others. A salary of Ksh 300,000 is the best for someone with a large family.

LEAVE A REPLY

Please enter your comment!
Please enter your name here