High rent and food costs push Irish capital behind only London and Amsterdam despite falling co-working expenses
Dublin has been ranked the third most expensive European city for remote workers, according to a new survey by digital bank bunq that analyzed costs including rent, groceries, transport, and dining.
London topped the list as most expensive, followed by Amsterdam in second place, with Dublin claiming the third spot despite recent decreases in co-working and transport costs.
Cost Breakdown
Dublin’s high ranking stems primarily from elevated rent and food expenses. Average monthly rent has climbed to €1,889.29, while food costs surged 9% month-on-month to an average of €304.77.
The overall average cost of living for remote workers in Dublin currently stands at €2,631.30 per month, reflecting the cumulative burden of housing, food, transportation, and other essential expenses.
Context of Cost-of-Living Crisis
The ranking underscores Dublin’s participation in Ireland’s broader cost-of-living crisis, with grocery inflation recently hitting a two-year high of 6.5%—more than double the national inflation rate of 2.7%. Housing costs continue rising amid a homelessness crisis that saw 16,614 people in emergency accommodation in September.
For remote workers—who theoretically have location flexibility—Dublin’s high costs make it significantly less attractive than other European cities offering comparable amenities and infrastructure at lower price points.
Implications for Talent Attraction
The expensive designation could impact Ireland’s efforts to attract international remote workers and digital nomads, particularly as other European cities compete for mobile talent through lower living costs and favorable visa policies.
However, Dublin continues drawing workers due to factors including English language prevalence, strong tech sector presence, cultural amenities, and Ireland’s corporate tax environment attracting multinational employers.
The bunq survey provides comparative data for remote workers evaluating European location options, highlighting how Dublin’s housing and food costs significantly inflate overall living expenses despite recent improvements in co-working affordability.