Dublin Ranked One Of The Most...


Dublin Ranked One Of The Most Expensive Cities To Live Globally

Emma Tyrrell
Emma Tyrrell

07:44 18 May 2022

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Dublin has been name one of the most expensive cities to live in the world.

A survey that compared disposable incomes globally highlighted expensive rents as driving up costs for residents here.

Dublin has been ranked the seventh least financially viable city to live in the world according to the study by UK insurance group CIA Landlord.

The capital was compared with 55 cities globally on the basis of disposable income by subtracting the cost of living and the average cost of rent from the average salary.

After paying all their bills Dubliners end up in an average of £663 or €785 euro worth of debt each month.

The average cost of renting a 3-bed apartment in the city centre was €2,919 compared with around €2,000 in Rome, which topped the list.

However higher salaries in Dublin after tax of £2,559 or €3,037 on average, left residents with a smaller gap between salaries and bills compared to the Italian city.

The average cost of living per month in Dublin, that includes the cost of transportation, grocery shopping, utility bills, sports and leisure activities, childcare, and clothing costs, was €891 according to the study.

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