Last Updated on November 21, 2022 by Abdul Rehman
Dublin is a prominent city in Ireland and is noted for its culture, customs, and career prospects to attract ex-pats and students seeking higher education. However, the average cost of living in Dublin for a family or couple is $2780, $1695 for students, and $2030 for bachelors. In this article, you get information about Dublin cost of living.
According to information from our users on the cost offline website calculator, a family of three and a couple’s rental costs is $2500, while a student’s costs are $1500 and a single person’s costs are $1800. The cost of living in Dublin varies substantially depending on where you reside, with the average monthly rent for a flat/house in a regular location being $2000.
About Dublin, Ireland
Dublin, Ireland, has long been a popular holiday destination worldwide. It is renowned for its famous cultural and artistic scene, lovely architecture, plentiful green spaces, lively nightlife, and closeness to numerous other Irish cities and tourist destinations. If you’re thinking about visiting the Emerald Isle, you’ll probably spend some time in Dublin, the vibrant city of Ireland.
However, because Dublin attracts so many visitors from around the world, rates in particular sections of town are generally exaggerated, which may rapidly mount up and make for a more expensive trip if you aren’t attentive. While Dublin is more costly than other Irish cities, with an average daily cost of €60-€135 per person, you may still find great deals in the Irish city.
How expensive is Dublin?
The city’s rent initially increased after the 2008 global economic crisis turned for the worst. Although renting often means getting a bedroom or, in some cases, only a bed, this is still far from the most affordable option for city dwellers. A single room in Dublin’s city center can cost as much as €713 (£610) per month.
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Dublin Transportation Costs
For users, Dublin offers an excellent public transit system. With a weekly maximum of €40, the Leap Card is a blessing (approximately INR 3,384). It enables you to obtain transportation services at a cost more than 30% lower than purchasing in cash. A liter of diesel/petrol costs around €1.40-1.72 or INR 118-1146. If hiring a car for whatever purpose, consider parking in Dublin is expensive, costing €3.20 (INR 271) per hour.
Dublin’s Average Rent
Dublin’s high rental prices are mostly to blame for the city’s higher cost of living. The following stats are essential for you to be aware of:
- A one-bedroom apartment in the city goes for about €1,700 (INR 1.44 lakh) a month, while a two-bedroom apartment goes for more than €2,000. (INR 1,69,00). Dublin South City and Dublin City Center have a €2,044 average monthly rent (INR 1.73 lakh). It is costly compared to the national average of around €1,391 (INR 1.18 lakh) per month. Private bedrooms in a shared residence start at €650 (INR 55,000) per month. Rent may be reduced to €400 (INR 34,000) per month if two people share a room.
- Donegal has the lowest average monthly rent of €628 (INR 53,000), followed by Leitrim at €577 (INR 49,000) and Roscommon at €674 (INR 57,000). Longford has monthly rents of €680 (INR 57,500). South County Dublin rents for €2,156 (INR 1.82 lakh) per month, whereas Central Dublin rents for €2,016 (INR 1.70 lakh) per month. The monthly rent in North Dublin is around €1,847 (INR 1.56 lakh).
Dublin’s Average Salary
According to data from the Central Statistics Office, the average yearly salary in Ireland is €44,200. (CSO). Because high earners inflate the average, this statistic may not accurately indicate how much individuals typically make in Dublin. In Ireland, the minimum wage is €10.20 per hour, and the average workweek is 39 hours. This implies that a worker receiving the minimum wage will earn around €400 per week or €20,800 per year.
The CSO has also estimated the median income, which gives a more realistic picture of what the ordinary Dubliner earns. In Ireland, the typical yearly income is €593 per week or €30,836 per year. If you make this much money, you are in the 50th percentile, meaning that half the country’s people make more money than you do.
How much income do you need to make in Dublin to live comfortably?
Ireland has a relatively high cost of living compared to several other European nations, but it is not the most costly. Dublin’s cost of living is frequently likened to that of London in the UK, requiring more money to live comfortably than other regions in the nation. Dublin’s cost of living has recently increased, and many Irish goods are imported, which drives up prices.
It’s vital to remember that expats typically have well-paying positions because working in the State frequently requires a certain skill level. A family of four would need about 6,000 EUR per month to live comfortably in Ireland, according to estimates.
Is it costly to live in Dublin, Ireland?
The cost of living varies substantially depending on where you reside in Dublin, Ireland. The cost of living in Dublin is equivalent to that of other major cities like London, Paris, and Sweden because it is one of the largest in the globe. Dublin has the highest monthly rental average in the nation at €1,391.
Is living in Ireland expensive?
Without rent, the projected monthly expenses for a family of four are 3,231$ (3,123€). Without rent, a single person’s projected monthly expenses total 914$ (883€). The average cost of living in Ireland is 4.95% less than it is in the US. The average rent in Ireland is 8.64% less than it is in the US.
Tips to Save Money in Dublin
The lack of subway systems or trains linking the city center and Dublin Airport may challenge getting to the airport. On the other hand, taking a cab will cost you a fortune. You may take local buses that stop often or the Aircoach, a 24-hour fast service. While cabs may appear handy, avoid using them regularly and instead take a local bus. Buses make it possible to travel throughout the city for a reasonable price.
The Dublin Bikes program is an inexpensive way to see the city. Check out live music and other acts at various bars in Dublin to get some free entertainment without spending anything extra. Half pints are also less expensive. Many restaurants in Dublin will provide early-bird specials cheaper than everyday meals.
