Republic of Ireland ‘16th most expensive’ place to live

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Ireland is 16th most expensive place to live in world, according to a new survey (via IrishTimesBiz)

Ireland’s cost-of-living index was 76.05, which means it is 24 per cent less expensive than New York. The findings come amid a major pick-up in inflation and a cost-of-living squeeze worldwide.

Headline inflation in the Republic is now running at 5.5 per cent, its highest level since April, 2001., shows the acceleration was driven by a range of price increases in energy, housing, food and transport, most of which took place in the second half of 2021. The sudden surge in inflation is expected to trigger several interest rate rises in the US this year.is sticking to its mantra that euro zone inflation will fall gradually over the year and has so far ruled out rate hikes as a response.When housing costs such as rent is included in the Numbeo rankings, Ireland moves up to 13th globally.

 

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Take Dublin out of that and it becomes the best place to live. movetocork

IrishTimes They do not include the cost of housing, rents, or mortgages. I have a feeling Ireland would climb in the ranking if they did. Way higher.

IrishTimes The Golden Goose has been thrown under the bus of cent wise and Euro foolish.

Things I can believe.

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