Cost of living in Ireland

According to the latest findings from the Organisation for Economic-Co-operation and Development (OECD), which measured inflation across 30 major economies, including some of the following Mexico, Iceland, Hungary, Greece, Turkey and the UK. Some of these countries are suffering from very high rates of inflation at the moment.

In relation to the cost of food, the OECD reports that in Ireland the average cost has fallen by almost 8%. This suggests that the cost of living in Ireland may also have reduced quite significantly for the average household.
In the last year the cost of food has reduced so that a budget will now stratch a lot further in Ireland.

The cost of property in Ireland has reduced considerably in the past few years. The cost of property in Kerry in general is at its lowest in years. Many believe that is may be only a matter of time before people from Europe and the UK begin to hone in on the fantastic offers that can be found at the moment.

The following is from the following website.

http://kerryliving.blogspot.com/

The following is an extract from “Kerryliving”.

“Recently we spoke with two local property developers in Kerry. They have had to diversify somewhat in order to survive these tough economic times. They both independently confirmed that building components and supplies are actually increasing in price and that it would be impossible to build houses from scratch that could even come close to matching the prices currently available despite the fact that sites were significantly cheaper to buy. We believe that there is a great opportunity for Europeans who are considering moving or retiring to Ireland.”

The Following website shows the average cost of living in Ireland. It breaks it down into the following categories:
• Restaurants
• Markets
• Transport
• Utilities
• Sport and Leisure
• Clothing and shoes
• Financing

http://www.numbeo.com/cost-of-living/country_result.jsp?country=Ireland