How much do you need to live comfortably in Ireland? | IAS (2024)

FAQs

How much do you need to live comfortably in Ireland? | IAS? ›

It is estimated that a family of four would need approximately 6,000 EUR per month to live comfortably in Ireland. This takes into account the costs of everyday living expenses, transport and housing and allows for disposable income.

A family of four estimated monthly costs are 3,541.4$ (3,310.3€) without rent. A single person estimated monthly costs are 1,012.6$ (946.5€) without rent. Cost of living in Ireland is, on average, 3.9% lower than in United States. Rent in Ireland is, on average, 7.7% lower than in United States.

In Ireland, the threshold for the top 10% of earners starts at gross personal earnings of just under €70,000 (€69,511.01) with the threshold for the top 1% beginning at just under €190,000 (€189,701.69).

At a country level, the cost of living in Ireland, including housing, is only 10% lower than the cost of living in the USA.

Moving overseas typically costs between $1,500 and $12,000. The cost of moving to Ireland or other European destinations depends on how much you take and where you're going.

The cost in Ireland vs the U.S. all depends on which city you choose to live in and what kind of amenities and lifestyle choices you make. However, on average the cost of living in Ireland in U.S. dollars is about $2,500 per month when you factor in rent, utilities, and other bills, transportation, entertainment, etc.

Average rents top €2,300 in Dublin and €1,700 in Cork, as prices respond to chronic shortage of properties. Rents across the country continue to rise to record levels, driven by a chronic shortage of houses. In the final quarter of 2022, average rents hit €1,733 per month, up 13.7% on the same period a year ago.

Average Rent in Ireland

The average price throughout the whole country is just over 1,400 EUR (1,550 USD). This figure takes into account monthly rents that range from the most expensive, Dublin at an average of 2,200 EUR (2,400 USD), to the cheapest, Leitrim and Donegal, which are between 600—700 EUR (660—770 USD).

Everyone ordinarily resident in Ireland and certain visitors to Ireland are entitled to a range of public health services either free of charge or at reduced cost. You are ordinarily resident if you have been living in Ireland for at least a year or you intend to live here for at least one year.

What is considered wealthy in Ireland? ›

Households with a wealth value greater than €756,000 belong to the wealthiest 10% of all households (the top net wealth decile). Households in the bottom 10% of the net wealth distribution have a net wealth value less than €100 (see Table 5.1). The data on this table was updated on 16/05/2023.

What is a middle-income earner's wage in Ireland? In Ireland, those who receive a between €35,000 and €50,000 are described as middle-income earners.

Individuals with a highest level of educational attainment of Third level degree or higher had the highest nominal median equivalised disposable income of the categories analysed in 2020, at €32,337. This compares with €17,540 for those with Primary level education or lower. See figure 2.4.

Fortunately, United States citizens do not need a visa when visiting Ireland for 90 days when on business or vacation. The D-visa category is a single entry and is long-term. The visa allows you to study work and settle there permanently.

Households with a wealth value greater than €756,000 belong to the wealthiest 10% of all households (the top net wealth decile). Households in the bottom 10% of the net wealth distribution have a net wealth value less than €100 (see Table 5.1). The data on this table was updated on 16/05/2023.

The average house price has reached a new record of €359,000 in Ireland, a rise of more than €1,300 a month in a year, the latest figures show. The Central Statistics Office has revealed that, last year, that figure stood at €343,250. That means house prices have risen by almost 9% year-on-year.