Why is Ireland such an expensive place to live?

Cliff Taylor: There is more than a suspicion that the interests of landowners continue to get priority

 OECD research shows that the average net cost of childcare –  counting in child benefit and other State supports – is around 28%  of average earnings, compared to the EU average of 12%

OECD research shows that the average net cost of childcare – counting in child benefit and other State supports – is around 28% of average earnings, compared to the EU average of 12%

Why is Ireland such an expensive place to live? The annual review from the National Competitiveness Council – published this week – may focus on the costs of doing business, but it also highlights the high cost of living.

Ireland is the fifth most expensive place to live in the EU, with prices here 13 per cent above the euro area average. We are in line with the Netherlands and Austria, and ahead of big players like France and Germany. Only Scandinavia, with its eye-watering cost of living, and tiny Luxembourg are more costly.

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