Dublin is still the most expensive city in the Eurozone to live in

A new study has ranked Dublin as the most expensive city in the Eurozone to live in for the second year running.

According to Mercer's new Cost of Living survey, Hong Kong is the costliest place in the world for expats.

Dublin is ranked 43rd overall, which is down 11 places from the 2018 survey, with the cost of rental accommodation influencing the capital's rank.

It is ahead of Milan (45), Paris (47) and Vienna (51).

London ranks higher than Dublin, coming in with a rank of 23.

The costliest European cities are Zurich (5), Bern (12) and Geneva (13)

Mercer's Noel O'Connor says Dublin's housing crisis is a big factor for Dublin.

"One of the major factors influencing Dublin's ranking in 2019 is the cost of rental accommodation," said Mr O'Connor.

"Rental accommodation is often the biggest cost for companies when placing an employee on assignment.

"In Dublin, the shortage of rental accommodation could negatively affect international investment as the demand for rental accommodation is at record levels.

"Expatriates may face serious problems in finding appropriate accommodation."

The costliest cities in the world, according to the survey, are:

  • Hong Kong, Hong Kong
  • Tokyo, Japan
  • Singapore, Singapore
  • Seoul, South Korea
  • Zurich, Switzerland
  • Shanghai, China
  • Ashgabat, Turkmenistan
  • Beijing, China
  • New York City, USA
  • Shenzhen, China
  • More on this topic

    Govt agency preparing ambitious plans for housing on site of former Cork psychiatric hospitalGovt agency preparing ambitious plans for housing on site of former Cork psychiatric hospital

    Government urged to commit to major public housing programmeGovernment urged to commit to major public housing programme

    Planning refused for 413 homes in WexfordPlanning refused for 413 homes in Wexford

    Shares in Cairn Homes fall on finance boss Kenny resignation ‘blow’Shares in Cairn Homes fall on finance boss Kenny resignation ‘blow’

    More in this Section

    Children 'need their dad back' says wife of Cork man facing deportation from US Children 'need their dad back' says wife of Cork man facing deportation from US

    New study to give voice to 'hidden group' affected by child sexual abuseNew study to give voice to 'hidden group' affected by child sexual abuse

    Katherine Zappone to discuss importance of children's rights at UN forumKatherine Zappone to discuss importance of children's rights at UN forum

    Concern that 100 permanent consultant psychiatric jobs remain unfilledConcern that 100 permanent consultant psychiatric jobs remain unfilled


    Lifestyle

    This year heralds the return of a much-maligned shade, pulled from the design doldrums and now paired with some unexpected complementary colours, materials and tone-on-tone activity, writes Carol O’Callaghan.Fifty shades of beige

    Their romance took Laura Roset and Ken Mohally from Mallow to Moldova and back again.Wedding of the Week: Love spreads from Mallow to Moldova

    Every day, I take my wife a cup of tea in bed. However, we sometimes make love in the mornings and she pauses to finish her cup before it goes cold.Sexual healing: Her long tea breaks cools the moment

    As the Caped Crusader hits 80 years of protecting Gotham City, Chris Wasser looks at the history of the world’s darkest superhero.80 years on, Batman still packs a punch

    More From The Irish Examiner