Kenyans’ average monthly income climbs to Sh20,123

Hustlers fund

Kenyans’ average income of  Sh20,123 hits a six-year high. PHOTO | POOL

The average monthly income for Kenyans rose at the fastest pace in six years to Sh20,123 following recovery from Covid-19 economic hardships in changes that reflect the growing pay inequality.

Kenya National Bureau of Statistics (KNBS) data show the country’s annual gross national income (GNI) per capita grew 11.6 per cent to hit Sh241,467 ($1,979) last year, up from Sh216,337 ($1,773) in 2020.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.