COST OF EDUCATION SUPPLIES IN KENYA RISING-WorldRemit STUDY

The cost of school supplies per child in Kenya is KES 68,701. This is according to a study by WorldRemit, a digital remittances brand within Zepz. In view of the fact that the average household size in Kenya is 3.23, the total cost per household is estimated at KES 221,904.23. This is higher than average incomes for most households in the country. The survey which seeks to show the impact of the cost of school supplies on families around the world, shows the cost of education for most households is 1054.31% or approximately 10 times their average monthly household income.

Across countries where people have higher monthly incomes, Canada, the UK and Australia saw nominal decreases in the percentage of income they can expect to allocate, while France and Spain saw notable increases. In France, families can expect to allocate 5% of their monthly budget this year, while in Spain , they can expect to allocate 7% more than last year on basic school supplies.

For families whose incomes simply cannot accommodate the cost of these fundamental supplies, remittances make a world of difference in their ability to afford these supplies, as well as steep costs like tuition, transportation and childcare.

Statistics by WorldRemit indicates rising costs of living have forced migrants to be more conscious about how they allocate funds for remittances. As of July 2022, data shows education is one of the top 3 reasons people send money. For more about the study visit https://www.worldremit.com/en/back-to-school