The cost of living in Kenya is much different than what you might expect, especially if you are looking at the larger cities. In some parts of the country, life is cheaper than in other parts of the world. If you are planning on coming to Africa, make sure you’re aware of how much it will cost you to live in the country!
History of Kenya
Kenya is a country located in the Horn of Africa. The government has a population of about 54 million people. Kenya became an independent republic in 1963. The first president was Jomo Kenyatta. Kenya has had several presidents since then. In December 2007, Mwai Kibaki was elected president and he served until 2013. In April 2013, Uhuru Kenyatta was elected president and serves as the current leader.
The Kenyan economy is based mostly on agriculture and tourism. Kenya is one of the world’s leading exporters of tea, coffee, tobacco, maize, horticultural products, livestock, and artificial flowers. The country’s main export partner is the United States. Tourism is an important sector of the Kenyan economy with visitors coming to see Mount Kilimanjaro, safari tours, game reserves, and beaches. There are also many cultural activities available such as traditional music and dance performances.
Benefits of Cost of Living in Kenya
The cost of living in Kenya can vary depending on the location you choose to live, but generally speaking, expatriates will find that food, housing, and utilities are relatively affordable. In addition to being affordable, Kenya has some other benefits associated with living here. These include:
- High quality of living
- Many opportunities for cultural experiences and adventure.
- The weather is temperate year-round with average temperatures ranging from 23 degrees Celsius in winter to 32 degrees Celsius in the summertime.
- Kenya offers great medical care, making it a desirable place to retire or have medical procedures done.
- The level of education available is very good and English is widely spoken which makes it easy to get around and connect with people from all over the world.
Gross Domestic Product of Kenya
Kenya’s Gross Domestic Product (GDP) as of 2016 was estimated at $26.5 billion. The GDP per capita is currently $1,895. Kenya’s GDP growth has been moderate in recent years, averaging around 5% annually since 2013. This growth is in line with the global market economy and reflects a healthy mix of private and public sector investment.
The Kenyan economy is predominantly services-driven, with agriculture constituting only 12% of the GDP. The country has a strong focus on agricultural exports which make up about 30% of total exports. Industrial activity accounts for just over 10% of GDP while mining and quarrying make up less than 1%. Kenya’s banking system is among the most stable in Africa and its stock market is one of the largest in East Africa.
Several important factors have contributed to Kenya’s moderate economic growth over the past few years:
- Effective Governance
- Favorable macroeconomic conditions including low inflation and interest rates
- Diversification away from agriculture toward industrialization
- Increased foreign direct investment (FDI)
- Improving infrastructure development.
Different Costs of Living in Kenya
Cost of Accommodation
The cost of living in Kenya varies depending on where you want to live and what type of accommodation you require. Generally speaking, the cost of accommodation can range from around $200 per month for a room in a shared house to upwards of $2,000 for an exclusive villa in the country’s most exclusive areas.
However, there are many ways to cut costs and make your stay more affordable. For example, finding shared accommodation or renting a furnished apartment can save you hundreds of dollars per month. Additionally, using online resources to search for discounted rates or signing up for membership schemes with local travel agencies can also give you significant savings.
Cost of Transportation
In Kenya, the cost of living varies depending on the location you choose to live in. For example, Nairobi is a more expensive city to live in than rural areas. Transportation is also a major expense in Kenya. The cost of transportation can vary depending on the vehicle you choose to use and how far you are traveling.
The cost of transportation can vary depending on the vehicle you choose to use and how far you are traveling. The most common type of transportation in Kenya is public transport. This includes buses, minibusses, and matatus. Buses and minibusses are usually cheap, but matatus are often more expensive. Matatus can be very crowded, so it’s important to plan your route well in advance if you want to avoid long wait times.
Cost of Entertainment
Kenya is a country with extremely varied terrain, from the highlands of Mount Kenya to the jungles of national parks in the south. The country’s population is also quite diverse, with people from all over Africa living in Kenya. Despite its great diversity, however, Kenya has one common cost: entertainment.
When it comes to entertainment, Kenya offers a lot for tourists and residents alike. There are plenty of places to go out and have a good time, whether you’re looking for nightlife or action-packed activities. And even if you’re not interested in going out clubbing every night, there are always other ways to have fun – like going on safari or exploring the local markets.
All things considered, entertainment in Kenya can be pretty expensive. However, if you’re prepared to spend some money, there’s no reason why you can’t have a great time in this beautiful country.
Cost of Feeding
In Kenya, the cost of living is high, particularly for food. Inexpensive imported food is not always available, so many Kenyans must rely on local sources to feed themselves. The price of food can vary greatly depending on where it is bought and how much it costs to produce. For example, beans can be expensive in urban areas but relatively cheap in rural areas.
The following are some average costs for food in different parts of Kenya:
- Beans: 1 kg (2.2 lbs) = Ksh300 (USD5)
- Rice: 1 kg (2.2 lbs) = Ksh250 (USD4)
- Fruit: 1 kg (2.2 lbs) = Ksh200 (USD3)
- Grains: 500 g (1 lb 2 oz) = Ksh100 (USD1.50)
- Vegetables: 100 g (3 oz) = Ksh30 (USD0.70)
Cost of Healthcare
The cost of healthcare in Kenya can be high, depending on the city you live in. In major cities such as Nairobi, Kisumu, and Mombasa, basic medical treatment can cost upwards of $200 per month. The costs can quickly spiral out of control for those with more serious health issues. In 2013, an estimated 1.5 million people were living with HIV/AIDS in Kenya, and the government estimates that the annual cost of treating this population is over $1 billion.
Healthcare for people with diabetes also tends to be expensive, as treatments and medications required to manage the condition can often be quite costly. Overall, it can be a very costly proposition to get quality healthcare in Kenya.
Other Interesting Contents
- Introducing American Visa Sponsorship Programs
- Scholarships and Jobs in the USA: All You Need to Know
- Scholarships and Jobs in Canada: All You Need to Know
The cost of living in Kenya can be a bit daunting, but it’s important to remember that there are ways to cut costs and make your life more affordable. For starters, you should shop around for the best deals on airline tickets, property rentals, and other essentials.