Cost of living in Ireland

Everything a household buys
141.2 index, EU average = 100
Year
2024
Source
Eurostat

Ireland has a price level of 141.2 where the European Union average is 100, measured for 2024. A household basket there costs about 41 percent more than the same basket across the Union.

Twelve spending categories are published for this country, so the breakdown below is measured rather than inferred from the headline.

The spread inside the basket is wider than the headline suggests. Alcohol and tobacco is the most expensive category at 204.5, and Clothing and shoes the least at 100.2.

Ireland: prices rose 2.1 percent over the year to 2024, so the figures above will have drifted a little since they were recorded.

Ireland is the 34 cheapest of the 39 countries this source measures on the same scale, which places it in the dearer half of that group.

On the same scale it sits between Norway at 134.1 and Denmark at 142.8, which is the company that a rank of 34 out of 39 puts it in.

Directly comparable with 38 other countries measured on the same scale.

A price level is not a budget. It compares a standard basket between countries and takes no account of what you earn, of the difference between the capital and a small town, or of what a newcomer pays for rent as opposed to what a sitting tenant pays. Read it as a starting point for a comparison, not as a figure to plan around.

Everything a household buys

MeasureValueYear
Food and soft drinks114.52024
Alcohol and tobacco204.52024
Clothing and shoes100.22024
Housing, water and energy187.32024
Furniture and household goods110.82024
Health178.72024
Transport108.72024
Phone and internet139.82024
Recreation and culture113.42024
Education119.52024
Restaurants and hotels129.32024
Other goods and services137.52024

Questions

Ireland: is it an expensive country to live in?

Measured against the reference this figure uses, the price level is 141.2 for 2024. That is the whole answer this page can give honestly, because a price level says what a basket costs and not what your life costs.

What year is this figure from?

It is the value recorded for 2024. Price level statistics are annual and always lag, so this is the most recent one published rather than a figure for today.

Can I compare this with another country here?

Only with countries measured on the same scale. This one is quoted as index, EU average = 100, and a country quoted on the other scale is not comparable with it without a conversion nobody has measured.

Related pages

Sources

  • Eurostat, prc_ppp_ind (Eurostat reuse policy, commercial reuse permitted with attribution)