Re: Kenya Cost of Living Question

[Guest guest]

Hey Am not sure how savy you are in Economy analysis , but thought this link maybe helpful in answering you question http://www.imf.org/external/country/KEN/index.htm Until recently Kenya did not operate on a credit basis, meaning you had to pay for everything in cash even large purchases like cars, homes etc most people especially the older generation held on to large amounts of cash inside their homes making currency circulation very difficult, hence a rise in cost of living The Dada <xhayes@...> wrote: Hello, According to Western Union in Boston, $100 USD converted to 6,061.09 Kenyan Schillings today at their exchange rate. Can people in Kenya, or who have visited Kenya recently, help me understand how that translates in cost of living? For example in Boston, I rent a 4 bedroom house for $1,800 per month. How much would it cost to rent a 4 bedroom house in Kenya? I found a site that says bread in Kenya is selling for 30 schillings....does that equal 49 US cents? http://allafrica.com/stories/200712041206.html What does a new pair of pants and a shirt cost in Kenya? Thanks....just curious.

Boston, Massachusetts, USA

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[Guest guest]

Hey Am not sure how savy you are in Economy analysis , but thought this link maybe helpful in answering you question http://www.imf.org/external/country/KEN/index.htm Until recently Kenya did not operate on a credit basis, meaning you had to pay for everything in cash even large purchases like cars, homes etc most people especially the older generation held on to large amounts of cash inside their homes making currency circulation very difficult, hence a rise in cost of living The Dada <xhayes@...> wrote: Hello, According to Western Union in Boston, $100 USD converted to 6,061.09 Kenyan Schillings today at their exchange rate. Can people in Kenya, or who have visited Kenya recently, help me understand how that translates in cost of living? For example in Boston, I rent a 4 bedroom house for $1,800 per month. How much would it cost to rent a 4 bedroom house in Kenya? I found a site that says bread in Kenya is selling for 30 schillings....does that equal 49 US cents? http://allafrica.com/stories/200712041206.html What does a new pair of pants and a shirt cost in Kenya? Thanks....just curious.

Boston, Massachusetts, USA

Looking for last minute shopping deals? Find them fast with Search.