Cost of moving to Ireland

What does it actually cost to move to Ireland?

Moving to Ireland in 2026 is an expensive undertaking, and the biggest line items are housing and the one-off costs of setting up. As a rough guide, a single person relocating for work should budget €4,000-€8,000 in one-off costs (flights, shipping, deposit, first month's rent, initial purchases), and a family of four should budget €10,000-€15,000 — before any monthly living costs. The figures below reflect 2026 prices.

One-off costs

Monthly living costs (2026)

After housing, the biggest monthly costs are utilities, groceries, transport, childcare and health insurance. A couple sharing a two-bed in Dublin (€2,200-€2,800 rent) should budget roughly: utilities (electricity, gas, broadband, bins) €250-€400 a month, groceries €300-€450 per adult, public transport €100-€160 (a Leap card caps weekly fares), and health insurance €120-€250 per adult per month depending on age and plan. Full-time childcare is the shock for most families: €1,000-€1,500 per month per child for full-time creche in Dublin (the National Childcare Scheme subsidy reduces this for lower-income families — check ncs.gov.ie).

Salary expectations vs costs

The national minimum wage is €14.15 an hour (2026), but professional salaries are much higher: technology roles typically pay €60,000-€110,000 in Dublin, engineers €50,000-€85,000, nurses €40,000-€55,000, and hospitality €30,000-€38,000. After tax (20%/40% income tax, USC and PRSI — see our tax guide), a €70,000 Dublin salary leaves about €4,150 a month net. With a €2,500 two-bed rent, that leaves roughly €1,600 for everything else — workable for a single person, tight for a family on one income. The affordability rule of thumb: rent should not exceed 30-35% of net income.

Hidden costs newcomers forget

Action steps

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Ten ways to cut the cost of moving

(1) Travel light — shipping a container costs more than replacing furniture at IKEA or DoneDeal. (2) Use DoneDeal and Adverts.ie for second-hand furniture; furnished lets reduce setup costs to near zero. (3) Book flights 6+ weeks ahead and travel midweek. (4) Use Bonkers.ie/Switcher.ie to switch energy and broadband within your first month — first-year discounts are common. (5) Take the TaxSaver Commuter Ticket if your employer offers it — pre-tax travel saves up to half. (6) Claim the Rent Tax Credit (€1,000) and medical expense relief in your first tax return. (7) Choose an employer with relocation support — many tech and pharma firms pay flights, shipping and temporary accommodation. (8) Use Revolut/Wise for currency conversion instead of bank wire fees. (9) Buy a Leap card rather than cash fares. (10) Delay car ownership until you have Irish insurance history building — even one year of a named-driver policy cuts premiums substantially.

Banking and currency

Open an Irish account early: AIB, Bank of Ireland and PTSB all accept non-residents with a passport and proof of address, and digital banks (Revolut, N26, Bunq) can be set up before you arrive — useful for receiving salary until you have a physical address. Currency is a hidden cost: converting a €50,000 lump sum through a high-margin bank can cost €1,000+ versus a mid-market service like Wise. If you are moving from outside the EU, consider a Multi-Currency Account (MCA) with your home bank before leaving to hold funds in euros. And keep your home-country credit history documents: Irish banks are more conservative lenders, and a clean foreign credit file plus a stable job is often enough for a mortgage after 6-12 months of Irish residency.