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Dublin is now more expensive to live in than both Abu Dhabi and Silicon Valley

It’s the first time Dublin has been in the top 100 most expensive cities to live list since 2014.

shutterstock_748855090 Shutterstock / Giancarlo Liguori Shutterstock / Giancarlo Liguori / Giancarlo Liguori

IRELAND’S CAPITAL IS now a more expensive place to live than some of the most notoriously pricey places on the planet.

A new survey shows that Dublin has jumped 48 places to enter the top-100 list of the most expensive places to live in the world at number 72.

That places the city above other notoriously expensive places to live like Abu Dhabi and Silicon Valley, and even central London.

The cost of living survey, commissioned by ECA International, investigates the varying level of household expense in cities around the globe.

It does so by comparing a basket of like-for-like consumer goods and services in 475 worldwide locations. Rental accommodation levels are not factored into the survey.

ECA, which has been running the survey for the past 45 years, states that a strong euro is the main reason for the rise on the list of so many European cities.

“Thanks to the strength of the euro, Dublin is one of 18 European cities to enter the top 100 most expensive cities in the world this year,” said Steven Kilfedder, production manager with ECA.

2 ECA International ECA International

This is the first time Dublin has been in the top 100 since 2014, making it more expensive for expats and visitors travelling to Ireland.

Regarding the goods and services themselves, the humble stick of butter is the standout price-mover for 2018.

The cost of the dairy product has jumped up to 28% in Europe due to a slowdown in milk production, with the greatest increases seen in Austria and Poland.

Switzerland has four out of the top five most expensive cities to live in on earth – Zurich, Geneva, Basel, and Bern.

The European nation misses out on top spot though – that dubious honour goes to Caracas in Venezuela, due to the hyperinflation (1,800% in the last 18 months alone) seen in the South American country.

London, meanwhile, often seen as one of the world’s most expensive cities, placed 109th in this year’s survey.

Belfast is the cheapest city to live in the UK, meanwhile.

The cost of living in US cities has meanwhile dropped significantly due to a concurrent drop in the value of the dollar.

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    Mute David Harries
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    Feb 15th 2018, 9:24 AM

    That’s a sentence

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    Mute kevinhunt101
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    Feb 15th 2018, 11:21 AM

    @David Harries: life without possibility of parole would be better but 40 years is a start! Irish system could learn! Start with doubling most sentences given seems about right

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    Mute Thn
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    Feb 15th 2018, 11:46 AM

    @kevinhunt101: The problem with the Irish System is that there is an over emphasis on custodial sentences for non-violent/serious crimes. If more people were given suspend sentences which involved monitoring and work for the state then it would (I) potentially self-fund itself (ii) reduce the overcrowding problem with our prisons.

    This would then free up the necessary space for the people who are an actual danger to society to be imprisoned for longer.

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    Mute kevinhunt101
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    Feb 15th 2018, 12:09 PM

    @Thn: agree, large fines and compulsory payments (taken from income source) for non violent crimes need to be implemented! Free up prison space for non violent crimes! Also more solitary confinement for violent and repeat offenders. Planned murder should be min 40 years no possibility of parole, no good behavior taken into account, no good family person etc etc! Multiple murders should be death penalty, reduce costs to state. Are they really sorry, no if they committed 2 or more murders.

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    Mute johnp
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    Feb 15th 2018, 9:51 AM

    He had molested the girl who survived when she was 13 but her family chose to believe him

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    Mute The Viking
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    Feb 15th 2018, 9:26 AM

    Some down right sick puppies out there. Well done for sentence handed down.

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    Mute Paul Mc Manus
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    Feb 15th 2018, 10:25 AM

    Should be out to death. Simple.

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    Mute Dave O Keeffe
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    Feb 15th 2018, 10:05 AM

    What a beautiful young woman. What an utterly sick, monster. A life sentence seems generous

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    Mute johnp
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    Feb 15th 2018, 3:07 PM

    @Dave O Keeffe: yeah Dave sexist pig monster

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    Mute johnp
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    Feb 15th 2018, 3:09 PM

    @Sandra O’Fucáif: on a different note Sandra are u still claiming that there are thousands of Egyptian Copts living here like illegally

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    Mute Hans Vos
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    Feb 15th 2018, 10:51 PM

    @johnp: I think that Sandra need a new avatar.

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    Mute Range Rover
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    Feb 15th 2018, 10:58 PM

    @Sandra O’Fucáif: oh move along

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    Mute David Conroy
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    Feb 15th 2018, 11:36 AM

    The Chinese have the right idea. Why keep this bit of trash alive when one in the back of the head would release millions of Pounds to improve the Health Service !

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    Mute Barry O Neill
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    Feb 15th 2018, 9:39 AM

    Really really evil, this guy should just be shot.

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    Mute Elizabeth Hourihane
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    Feb 15th 2018, 12:30 PM

    What a beaitiful woman and waste of a lfe.. sentencing is just and we need to review our sentences here which is a joke tbh.

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    Mute Pl O'neill
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    Feb 15th 2018, 1:42 PM

    That fella was no addition to any country !

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    Mute Marty Gormley
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    Feb 15th 2018, 3:02 PM

    40 years is a joke. Should be tortured for 40 years

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    Mute john
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    Feb 15th 2018, 10:33 AM

    Just kill the sick f##ker

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    Mute Joseph Devine
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    Feb 15th 2018, 11:12 AM

    @john: and do it nice and slowly.

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    Mute Joe Byrne
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    Feb 16th 2018, 8:42 PM

    Ain’t Multiculturalism great.

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