What Is the Cost of Living in Dublin?

dublin costofliving — (source: guim.co.uk)

Dublin is the largest and the capital city of Ireland. Over the years, Dublin has emerged as one of the most expensive cities in the world. Therefore, the expenses for living in Dublin are one of the growing concerns of those who plan to move into the city.

Here, we will look at the approximate cost of living in Dublin!

What Is the Average Cost of Living in Dublin?

Dublin is the home to many largest companies in the world and has over ten thousand students across four major universities. Furthermore, this city holds a place in the list of the top costliest places to reside across the globe. The approximate cost of living in Dublin for students is € 1,500, and that for a bachelor is € 1,800. Furthermore, the average cost of living in Dublin for a family of four and a couple is € 2,500.

What Are the Top Expenses While Living in Dublin?

Several factors that affect the monthly expenses for living in Dublin are –

1. Housing

The average rent per month of living space in Dublin is certainly the highest in Ireland. Here, a major chunk of an individual's monthly salary goes into paying the rent of the housing space. However, these costs vary from region to region within the city.

Classification of Accommodation	Location	Average Rent Per Month
1 BHK	Centre of the City	€ 1,500
2 BHK	Centre of the City	€ 1,800
3 BHK	Centre of the City	€ 2,300
1 BHK	Outside the Centre of Dublin	€ 1,400
2 BHK	Outside the Centre of Dublin	€ 1,700
3 BHK	Outside the Centre of Dublin	€ 1,900

Individuals who plan to buy their own property should expect the overall cost to be around € 40,50,000.

2. Groceries

The money a person spends on groceries depends on their preferences and standard of living. In this regard, Dublin has numerous large supermarkets and local shops from where one can shop the items of their daily need.

Grocery Items	Approximate Cost
Milk (regular) (1 litre)	€ 1
Fresh Bread (500g)	€ 1.5
Rice (white) (1kg)	€ 1.3
Eggs (regular) (1 dozen)	€ 3
Local Cheese (1kg)	€ 8
Chicken 1 kg (boneless)	€ 8.5
Apples (1kg)	€ 2
Banana (1kg)	€ 1.8
Oranges (1kg)	€ 2
Tomato (1kg)	€ 3
Potato (1kg)	€ 1
Onion (1kg)	€ 1
Lettuce (1 head)	€ 1

3. Transportation

Dublin is one of those cities that have an efficient public transport system. This city is well connected with a network of trams, trains and buses. The table below illustrates the approximate money spent on transportation –

Fuel Cost/Transportation Service	Approximate Cost
One-way ticket (public transport)	€ 3
Monthly pass (public transport)	€ 130
Taxi 1 km normal tariff	€ 2
Price of diesel	€ 1.63
Price of gasoline (13th June 2022)	€ 2
Cabs (minimum cost)	€ 4.5

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4. Utilities

In addition to the monthly rent of a property, residents have to pay the utility charges for electricity, gas supply, mobile prepaid and internet package.

Utilities	Approximate Cost
Electricity, cooling, heating, water, garbage	€ 166
Local prepaid mobile tariff (1 min)	€ 0.3
Unlimited internet package	€ 53

5. Entertainment and Leisure

Alongside all the places of tourist attraction, Dublin is packed with theatres, parks and restaurants. The money an individual spends on these areas depends on their preferences and hobbies.

Area of Expense	Approximate Cost
1 month gym membership	€ 41
1 hour rent for a tennis court	€ 15
1 seat at a cinema hall	€ 12
Meal in an affordable restaurant (1 person)	€ 15
Three-course meal in a mid-range restaurant	€ 70
McMeal at McDonald's	€ 9

6. Schooling and Childcare

One of the most significant areas of expense for an individual is the monthly tuition fees for the schooling of their children.

School and Childcare	Approximate Cost
Preschool, private, full-day for 1 child (monthly)	€ 1,100
International primary school for 1 child (yearly)	€ 9,300

The table below shows seven best schools in Dublin –

Name of School	Curriculum
Alexandra College	Irish
Belvedere College	Irish
Blackrock College	Irish
Castle Park School	Adopted Irish Primary School
Castleknock College	Irish
Gonzaga College	Irish
Lycée Francais d'Irlande	French

How Expensive Is Dublin Compared to Other Top Cities?

The Irish capital remains more expensive to live in than top cities such as Los Angeles, Chicago and Melbourne. Furthermore, Dublin is 202.36% costlier than Kolkata.

Housing rent in Dublin is 40% lower than that in London, and Irish groceries are 37% less expensive.

The cost of living in Dublin primarily depends on a person’s lifestyle and standard of living. The high house renting prices are the main reason for Dublin being one of the most expensive cities in the world.

Frequently Asked Questions

✓ Is Dublin the most expensive city to live in?

Dublin may not be the most expensive city to live in. However, the Cost of Living Index places Dublin in the 62nd position in the list of most expensive cities in the world.

✓ What are some of the best schools in Dublin?

Some of the best schools in Dublin include –

Alexandra College
Belvedere College
Castleknock College
Lycée Francais d'Irlande
Castle Park School