{"id":191979,"date":"2025-06-17T15:19:12","date_gmt":"2025-06-17T15:19:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/191979\/"},"modified":"2025-06-17T15:19:12","modified_gmt":"2025-06-17T15:19:12","slug":"dublin-is-fifth-most-expensive-capital-in-europe-for-living-costs-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/191979\/","title":{"rendered":"Dublin is fifth most expensive capital in Europe for living costs \u2013 The Irish Times"},"content":{"rendered":"

Dublin<\/a> is the fifth most expensive capital city in Europe, but ranks far better for affordability<\/a> when average wages are taken into account, according to the findings of a new report.<\/p>\n

The report, compiled by financial data group Tradingpedia, provides a breakdown of essential expenses such as rent, food, transportation, personal care and entertainment in 37 European capitals.<\/p>\n

It attempts to present a clear picture of affordability and standards of living across the continent by comparing these data points with monthly income levels.<\/p>\n

The report ranks Dublin fifth most expensive in terms of the cost of basic monthly expenses at \u20ac2,329. This places the Irish capital among the most expensive cities in Europe, trailing only Reykjav\u00edk, London, Amsterdam, and Bern.<\/p>\n

[\u00a0Minimum cost of living \u2018up almost 20% since 2020\u2019Opens in new window<\/a>\u00a0]<\/p>\n

When basic expenses are compared to average monthly salaries, a single person in Dublin spends about 68.3 per cent of the average income of \u20ac3,412 on essential costs. <\/p>\n

Despite high prices, this \u201csurprisingly\u201d makes Dublin one of the more affordable European capitals, ranking 13th out of 37. \u201cAmong major Western European capitals, Dublin offers better affordability despite high living costs,\u201d the report says. <\/p>\n

When considering families of two adults and two children, affordability in Dublin improves further.<\/p>\n

Basic expenses account for just 52.4 per cent of the average household income, leaving families with \u20ac3,249 to \u201csave or spend as they choose\u201d. Under this criteria, Dublin rises to ninth place among European capitals.<\/p>\n

[\u00a0Dublin now second most expensive place in Europe to live – surveyOpens in new window<\/a>\u00a0]<\/p>\n

The report ranks Dublin among the most affordable European capitals for basic food expenses, with a monthly grocery basket costing \u20ac152, or 4.5 per cent of the average monthly income.<\/p>\n

It must be cautioned that this aspect of the report counts the cost of just nine low cost items in a grocery basket, including a piece of chicken, bread, cheese, milk, eggs, fruit, and vegetables.<\/p>\n

\"\"Will rent reform make building apartments viable? <\/p>\n

Basic expenses consume 68.3 per cent of the average salary in Dublin, compared to 78 per cent in London and 76 per cent in Paris, making it \u201cone of the more budget-friendly cities\u201d within this group.<\/p>\n

Compared to other European capitals, Dublin\u2019s affordability ratio of 68.3 per cent places it just below cities like Zagreb (68.4 per cent) and Vilnius (70.9 per cent), and above Amsterdam (66 per cent) and Stockholm (62 per cent). <\/p>\n

While many Eastern European capitals such as Warsaw (127.4 per cent) and Tirana (121.6 per cent) experience significantly higher cost-to-income burdens, Dublin aligns more closely with mid-tier Western European cities like Berlin (60 per cent) and Vienna (59 per cent). <\/p>\n

\u201cThis middle position reflects Dublin\u2019s balance of relatively high living costs offset by stronger salaries, highlighting the need to monitor inflation and wage growth carefully to maintain its competitive standard of living in Europe\u2019s evolving urban landscape,\u201d the report adds.<\/p>\n","protected":false},"excerpt":{"rendered":"Dublin is the fifth most expensive capital city in Europe, but ranks far better for affordability when average…\n","protected":false},"author":2,"featured_media":191980,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,487,21111,1700,6334,16,15],"class_list":{"0":"post-191979","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-cost-of-living","10":"tag-dublin","11":"tag-economy","12":"tag-housing-crisis","13":"tag-uk","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114699381281246516","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/191979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=191979"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/191979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/191980"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=191979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=191979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=191979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}