There are many people who dream of settling down in any of the European countries and one of the best reasons behind this is the access to the European Union. One such country that falls in this category is Ireland, an island country in the North Atlantic. People in this island country dominantly speak Irish.
In this piece of article, we will discuss in detail the cost of living in Ireland for both families and international students.
Why choose Ireland?
Ireland is one of the countries that have a low crime rate and this is a positive prospect for a person who might look for before settling there. Gun violence and violent crimes are almost non-existent which makes Ireland a safer and more peaceful place to live and settle down compared to some other countries.
The healthcare infrastructure in Ireland is one of the best. The facilities in Ireland are well built and easily accessible. A person living in Ireland for at least 5 years in the previous 9 years at the time of applying for the citizenship is considered as a resident and is entitled to free or reduced-cost medical treatment by Health Service Executive, the healthcare system in Ireland.
Ireland supports dual citizenship. You can very well live with your family in Ireland being its citizen while also being a citizen of your country.
Further in this article, we will learn about the expenses a person has to bear to study or permanently reside in Ireland.
Cost of living for families and students
Getting your finances sorted out is the first thing you should do before relocating to Ireland. It is thus advised to do a little research on the cost of living in Ireland for international students if you plan to pursue your higher education there.
You should choose the city you want to reside in depending on your job and closeness to facilities. While all cities in Ireland are well equipped and developed, people want to live in bigger cities like Cork and Dublin. Dublin is Ireland’s capital city and also the most expensive city to live in. If you wish to choose cheaper options, there are other cities in Ireland.
The cost of living in Ireland for Indian students for one academic year is estimated to be up to €12,000 per year. It includes the rent, electricity, food bills, medicine, and other such necessities.
1) The cost of accommodation ranges between €420 to €500. If you choose to live on campus, it will cost you somewhere between €300 to €600 per month.
2) For a shared bedroom, the cost per head adds up to €350. If you go for some luxury, private space, the rent can go up to as much as €850.
3) The cost of living in Ireland for a family of 4 people will be around €3,200 without rent.
4) The cost of living for a single person will be around €900 without rent.
Read More: Guide to settle in Europe
Average cost of living on rent in Ireland
The average cost of living in Ireland is 220% higher than in India. The average rent is almost 700% higher in Ireland as compared to India.
1) The cost of a 1-bedroom apartment in the city area is €1,182, and for outskirts is €1,000.
2) The cost of a 3-bedroom apartment in the city area is €1,955, and for outskirts is €1,580.
3) The price per square meter to buy an apartment in the city area is €3,870.
4) The price per square meter to buy an apartment outside of the city is €2,800.
5) Dublin is the most expensive, high standardized city to live in with a rent of €1,800 per month.
6) The cheapest cities are Donegal and Leitrim, with an average monthly living rent of around €625.
University tuition fees in Ireland
Ireland is known as the Land of Saints and Scholars. Ireland has institutions, colleges, and monasteries that were built in 500 AD. It has the world’s most renowned universities and colleges that offer undergraduate, postgraduate, and diploma courses. Ireland is known for its law schools, tech schools, art schools, as well as literature and science schools. People from across the world put Ireland at the top of their list when narrowing it down to the best choices of colleges and universities.
The first step to study in Ireland is to get a valid visa which will cost around €65.
Ireland has one of the world’s best education systems, Irish colleges and universities are not just famous in Ireland but also have a worldwide appeal. Many Irish universities are associated with foreign universities making the career prospect brighter for students studying in Ireland. Ireland’s education system is one of the top-ranked systems in the world. With its unique and upgraded curriculum, the education system in Ireland is top-notch and worth all the appreciation. It is due to the variety of courses that are available in Irish universities. One in five students studying in Ireland is from another country. The cost of studying in Ireland is reasonable given the various opportunities that come along with it.
The price for programs is listed below:
1) The tuition fee for an undergraduate program is between €9,850 to €25,500 annually.
2) The tuition fee for a postgraduate program is between €9500 to €24500 annually.
3) The tuition fee for a doctoral degree is between €10000 to €35000 annually.
4) Being a student also involves the additional cost of books, stationeries, and personal accessories summing up to €200 per month.
Some of the top colleges and universities in Ireland are:
1) Royal College of Surgeons
2) University College Dublin
3) National University of Ireland, Galway
4) University College, Cork
5) Maynooth University
6) Dublin City University
To know better about the colleges and universities in Ireland, check the website of upGrad, it is a service that links you to renowned colleges for the course you want to pursue. upGrad is student-oriented and does its best to connect the students and universities to achieve and fulfill their academic and professional aspirations.
Transportation in Ireland
Regional trains, buses, DART, and local taxis are available for use. To schedule your trip, you can go online and check their timings and price. The monthly transportation bill in Ireland comes out to be around €140. If you are a student, it is advisable to get a student travel card. It reduces your cost by 40% and also gets you quicker services even if you far from your college. Traveling in the city is taken care of by public transport. For traveling outside and between cities, you can either use public transport, train, flight, or long-distance bus. These are one-time trips and may cost you somewhere between €60 to €200.
The cost of 1 litre of gasoline in Ireland is €1.40. The average price of a car in Ireland is somewhere between €26,000 to €27,000. The prices may vary and change depending on several factors such as availability, features, etc
TFI Leap Card
For public transport in Dublin and adjoining counties like Waterford, Galway, Sligo, Wexford, Cork and others, one can use TFI Leap Card for payment which is convenient and contactless. Leap Cards can be used in Bus Éireann, Irish Rail, Go Ahead, Dublin Bus and Luas as well as on commuter and rural bus services within the Transport for Ireland (TFI) public transport network.
Types of TFI Leap Card:
2) Adult Personalised
4) Child 5 – 15
5) Child 16 – 18
Food cost in Ireland and the cost of some basic everyday items
To ponder upon what you might have to pay for everyday essentials in Ireland could be a racing thought. However, Ireland is cheaper than you think. Not the cheapest but cheaper as compared to other desired countries. The everyday groceries and requisites are affordable. The monthly expenses on your food fall between €250 to €350.
Average utilities and bills in Ireland
The average expense on clothing for both men and women can be between €60 to €80. However, if you shop from premium brands, it can also go up to as much as €100. For an average-sized apartment with either one or two rooms, the cost for cooling, electricity, garbage, etc., is around €180 per month. The average price of the internet and the mobile phone bill is close to €80.
The average gas bill in Ireland turns out to be €805. However, the gas bills are less during the summers and high during the winter months.
Tips to save money in Ireland
When you make the decision of leaving your home country and settling elsewhere, you must take into account the responsibilities that come with the decision. One of the things that people take for granted is handling their finances. The cost of living in Ireland for international students varies depending on their home country. Most students and young individuals usually do not have much idea about saving and investing.
Other than choosing cities in Ireland with a low cost of living, here are a few tips you can follow to keep a check on your expenses:
1) Lower your mobile phone bills. Preferably, use a pre-paid sim and avoid using it unless necessary, it will save your phone bills.
2) Change your mortgage: Switch to lenders that offer a cashback or a discount. Most lenders are offering cashback of up to 3%, switch to them.
3) Change your energy supplier: search for cheaper energy services. If you go for eco-friendly services, they might cost you something initially, but gradually it will save you money. Once you install a solar cell station, for example, your electricity bills will reduce.
4) Zero percent interest credit cards: Do not let your credit score affect your financial situation. If you are having trouble repaying any debt, you could try to transfer the balance to a credit card with 0% interest. Such credit card facilities are available in Ireland, especially for foreigners.
5) A savings bank account: Have an alienated bank account that you only use for savings and not for expenditure. In this account, add up all your savings. In this way, you can have a space responsible for your savings, and you can use it when you need it.
By now you must have got an idea about the cost of living in Ireland. This article gives you detailed information on how to make your plan to settle in Ireland or pursue your higher education successfully.