Tuesday, June 15, 2010

Kenya, Nairobi Cost of Living April 2010

Country Full Name: The Republic of Kenya.

Location: Kenya is in Eastern Africa, bordering the Indian Ocean, between Somalia and Tanzania.

Country Climate: Varies from tropical along coast to arid in interior.

Country Terrain: Low plains rise to central highlands bisected by Great Rift Valley; fertile plateau in west.

Major Languages: Swahili, English.

Major Religions: Christianity.

Country Population: 35.3 million (2008 est.) 35.9 million (2009 est.).

Country Economy: The economy of Kenya is market-based, with some state-owned infrastructure enterprises, and maintains a liberalized external trade system. The economy?s heavy dependence on rain-fed agriculture and the tourism sector leaves it vulnerable to cycles of boom and bust. The agricultural sector employs nearly 75 percent of the country?s 37 million people. Half of the sector?s output remains subsistence production.

Currency: Kenyan Shilling (KES).

Country Inflation: 13.1% (2008 est.) 12% (2009 est.).

City: Nairobi is the capital and largest city of Kenya.

City Economy: Nairobi is the regional headquarters of several international companies and organiations. Goods manufactured in Nairobi include clothing, textiles, building materials, processed foods, beverages, cigarettes.
Cost of Living: Nairobi has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Nairobi is currently ranked 212 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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