What Is The Average Annual Salary In Kenya?

by | Last updated on January 24, 2024

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The average wage income in Kenya was reported at

$7,051 in 2018

, which is an increase from the previous year’s value of $6,551. Kenya’s average wage earnings are recorded every year and average at $4,992 from 2008 to 2018.

What is the average annual income in Kenya in dollars?

Kenya Monthly Earnings stood at 641 USD in Jun 2019, compared with the previous figure of 586 USD in Jun 2018. Kenya Monthly Earnings data is updated yearly, available from Jun 1997 to Jun 2019, with an average number of

416 USD

.

How much does an average Kenyan make per year?

Kenya Average Wage Earnings data is updated yearly, averaging

530,262.400 KES

from Jun 2008 to 2019, with 12 observations. The data reached an all-time high of 778,248.000 KES in 2019 and a record low of 366,613.600 KES in 2008.

Is 50000 a good salary in Kenya?

To conclude,

50K salary is a good amount of money

that will help you cover a lot of family expenses and even save as much as you can.

What is basic salary Kenya?

Kenya’s minimum wage rate is set by the government by location,age and skill level; the lowest urban minimum wage was

10,107.10 shillings per month

,and the lowest agricultural minimum wage for unskilled employees was 2,536 shillings per month,excluding housing allowance.

What is the highest paying job in Kenya?

  • Finance. They are some of the most important players in many companies. …
  • Medicine. Medicine is a well-paying job with high market value, what with medical graduates earning right after internships. …
  • Piloting. …
  • Architecture. …
  • Politics. …
  • Actuarial Science. …
  • Law. …
  • Engineering.

Is it expensive to live in Kenya?

Summary: Family of four estimated monthly costs are 1,737$ (191,719KSh) without rent. A single person estimated monthly costs are 484$ (53,447KSh) without rent. Cost of living in Kenya is, on average, 50.24%

lower than in United States

.

What is considered middle class in Kenya?

According to the Economic survey 2017 by the Kenya National Bureau of Statistics, the lower income group comprises households with a monthly income of Kshs 23,670 and below; while middle income group comprises households with

incomes ranging between Kshs 23,671 and Kshs 119,999

and finally the Upper income group enjoys …

Is Kenya a poor country?

Levels of poverty in Kenya have improved significantly in the past decade. Currently, around 35.5% of the country is living in poverty, but in 2005, this number was 43.6%. Poverty in

Kenya is nowadays lower than any other country

in the Eastern Africa region, and it is still on the decline.

What is the minimum wage in Kenya in dollars?

What is minimum wage in Kenya? Minimum Wages in Kenya remained unchanged at

13572 KES/Month (125.718 USD/Month)

in 2020. The maximum rate of minimum wage for employees was 13572 KES/Month and minimum was 1700 KES/Month. Data published Yearly by National Bureau of Statistics.

How much should you spend on rent in Kenya?


Do not spend more than 25 percent of your gross income

on your rent, says Elizabeth Costabir, Chief Executive Officer of Buy Rent Kenya, a real estate online classified.

How much rent should I pay based on my salary in Kenya?

Spend

33% of your salary

on rent

According to Business Daily, Kenyans living in Nairobi spend approximately 40% of their gross income on rent. The figure is higher than the global recommended value of 30% of the income.

How many people in Kenya earn more than 100000?

Of the 2.92 million regular workers recorded in the Kenyan Revenue Service (KRA) database,

2.9%

have incomes of Sh 100,000 or higher.

How Much Does Job Group M earn in Kenya?

Civil Service Job Group Basic Salary Gross Salary L 35,910 71,880 M

41,590

83,840
N 48,190 97,290 P 77,527 1,55,894

How Much Does Job Group F earn in Kenya?

According to the SRC salary structure, this group enjoys basic pay

between Ksh. 16,777 and Ksh. 20,972

. In the previous categorisation, this was job group F.

What’s a good salary in Kenya?

What is the average salary in Kenya? A person working in Kenya typically earns a gross salary

of $1,436/month

, which includes basic pay and other benefits like housing, transport, and so on. The average net salary (after tax), on the other hand, is about $359.30/month, while the average hourly wage is $8.28.

Rachel Ostrander
Author
Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.