Kileleshwa is one of the best places to live in Nairobi…but not everyone can afford the lifestyle. The best salary required depends on the number of family members and the size of the house you wish to rent. In Kileleshwa, the average rent for 2-bedroom house is Ksh 90,000 while 3-bedroom house goes for Ksh 130,000. If you want to live in a bedsitter, be prepared to rent for Ksh 45,000 per month.
Here is the salary required based on the size of the house:
Studio(bedsitter)—Ksh 120,000 to Ksh150,000 salary
1 Bedroom—Ksh 180,000 to Ksh200,000 salary
2 Bedroom—Ksh 250,000 to Ksh300,000 salary
3 Bedroom—Ksh 300,000 to Ksh400,000 salary
4 Bedroom—Ksh 350,000 to Ksh500,000 salary
If you are earning less than Ksh120,000, you better look for a house in cheap estates like South C,South B or Nairobi West where rent per month is Ksh30,000.
Remember that when you live in Kileleshwa, having a personal vehicle is necessary, you will also be required to pay for electricity, water, buy food and internet. The total cost of all these things will be Ksh30,000 to Ksh50,000 per month. For instance, if you rent a studio for Ksh45,000 and add expenses of Ksh30,000,the total expenses that month is Ksh 75,000. This means that a salary of Ksh100,000 won’t be enough, you need Ksh120,000 and above.
While in Kileleshwa, you also need to save and invest. Fixed Deposit Account, Money Market Fund and Cryptocurrency are among the best ways to save your money. If you save Ksh1,000,000 in MMF,you will comfortably make at least Ksh100,000 per year as interest.