If you are earning Ksh 20,000,Ksh30,000,Ksh 40,000,Ksh 50,000,Ksh60,000,Ksh70,000 or Ksh 80,000,you are required to live in an apartment if at all you want to save some money for investment, experts say.
It’s said that if your salary is less than Ksh150, 000, there is no way you can live in a Ksh50,000 house and manage to save more than Ksh 50,000.Experts argue that if you don’t have extra source of income and you are earning Ksh 80,000,the maximum rent you can pay per month is Ksh 15,000.Those paying Ksh 15,000 should not be having a family, that way they can save at least Ksh 30,000 per month.
Below is the amount of money you are required to pay for rent if you are earning the following salaries:
Salary (SH) | Rent (SH) |
100,000 | 12,000-18,000 |
90,000 | 11,500-17,000 |
80,000 | 10,000-15,000 |
70,000 | 10,000-14,000 |
60,000 | 9,000-12,500 |
50,000 | 7,500-11,500 |
40,000 | 6,000-9,000 |
30,000 | 5,500-8,500 |
20,000 | 3,500-6,500 |
15,000 | 2,000-4,000 |
10,000 | 1,000-2,000 |
If you know you are paying more than what we have stated below, please adjust your budget downwards, unless you have extra source of income.
The most ideal estates for these salaries include Embakasi,Rongai,Githurai,Komarock,Kawangware,Roysambu,Kasarani,Ruiru,Langata,Kayole,Tassia,Nyayo,Donholm,Umoja,Buruburu,Utawala,Huruma,Imara Daima and Kahawa West