Dublin is now among the top 50 most expensive cities in which to do business, report finds

Dublin hit the 41st spot in Mercer's 2024 cost of living city ranking which is used by many multinationals to gauge wage demands

Mercer's list showed the world's most expensive city in the world now is Hong Kong, and Abuja in Nigeria, ranked in last place at 226, is the cheapest city in which to do business.

Dublin was ranked among the top 50 most expensive cities in the world and moved up 10 spots from its position last year, which may hit Ireland’s attractiveness to multinationals, according to a report.

The capital of the Republic reached the 41st position in the 2024 Cost of Living City Ranking, released by financial services firm Mercer, which is often used by multinationals to gauge wage demands in different locations.