Wages to live in Dublin

L1011

ongarite wrote: »

Median wage in Ireland for full-time workers is 47K based on latest CSO figures.
I would be a safe bet that the average is even higher in Dublin.
https://www.thejournal.ie/rish-workers-earn-an-average-of-e23-an-hour-4677090-Jun2019/

They're not nearly double; nor is a normal grad salary 60k as claimed.

lawred2

spurious wrote: »

Partly in jest...Any chance you could get married and get the more generous tax allowances?

the what?

L1011

lawred2 wrote: »

the what?

€1,500 home carers tax credit; and then any balance of credit/cut-off if the fiancee is working part time is what I presume they meant. The former certainly isn't generous!

lawred2

L1011 wrote: »

€1,500 home carers tax credit; and then any balance of credit/cut-off if the fiancee is working part time is what I presume they meant. The former certainly isn't generous!

that's only if the partner isn't working right? Or at least not using all their low rate band!?

because other than that there's shag all difference

piplip87

What kind of life do you have now op ?

To live closer to work to see your child grow up you will be struggling.

To commute and have the life you want you may not see the wee person as much ?

It's tough commuting. I had varying commutes over the last few years. It's all tough. Relationship straining and missing out on seeing the wee fella Monday - Friday some weeks.

60K in Dublin is 80 or 90K in other parts of the country.

kippy

lawred2 wrote: »

that's only if the partner isn't working right? Or at least not using all their low rate band!?

because other than that there's shag all difference

Exactly, it baffles me that there are people who do not understand how basic income tax works.

L1011

lawred2 wrote: »

that's only if the partner isn't working right? Or at least not using all their low rate band!?

because other than that there's shag all difference

Yeah, 1500 if not working; and the others only if there is credits/bands left. Its not some magic pile of credits awarded just for being married which some people seem to think it is.

arccosh

situation I am in at the moment, I could pay rent on a house, care for my gf and kid, run a car, and on a good month, save a couple of hundred quid, with me being the sole earner. Mind you it would be a very frugal life.

My end game is to try get back to Dublin at some point,but I'm in the mid to senior level of my career in a specialist industry which Ireland doesn't have much of. I can laterally move to similarish jobs, but again, having worked in such a niche area has worked for, but also gone against me.

I could get higher paying jobs in Dublin no problem, but most are 45-50 hour management roles, which would be a pain in the ass going to from a technical role with a strict 40 hr week and no sub-ordinantes to look after.

This role I was offered is a decent 9-5 job, with lots of technical aspects and progression oppotunities, 60k is basic, there are also bonuses (which I don't want to be relying on) which are supposidly unlimited, but I have a follow up meeting where I'll ask what a realistic take home looks like and are they monthly or annual.

I have it very very cushy where I am, I know I won't get that back home, but aim is to get something as close to it without sacrificing too much money or time.

arccosh

UK ... I can do the waiting game, but I'll have to jump at some point, and I won't get the conditions or wage I have now for what I do.

so I'm trying to suss best case scenario

retalivity

Tbh, if youre open to paying €2500-3000 rent on a €60K gross, thats at least 66% of take home pay gone on rent as per someone else's numbers earlier per annum (€30-€36k over €45k). That to me is utter madness on your own, never mind with a partner and child to support.
L know dublin rents are crazy, but youd have to question the worth of handing over 2/3 of your wages vs the need to be in dublin.

L1011

Take a proper look at transport fares here and then remember you'll get half off in tax relief - what were already a lot cheaper than the UK gets vastly cheaper again

Theres places in London with with multi thousand pound annual rail fares that'd be covered with a rail ticket coating about 900 after tax here

realdanbreen

arccosh wrote: »

so.. back to the question in the first line... what would be a liveable wage in Dublin?

I was certain 60k is nowhere near enough, but I wanted to guage what amount is for the life I would be aiming to have, but I'm interested to where 60k would get me also...

As mentioned, I haven't been in Dublin for a number of years, so I haven't a breeze about cost of living, bills, hidden taxes and sevice charges...

If I were to communte, Connolly would be the closest station.

I take it you're no mug seeing as somebody is paying you 60k per anum. So it's strange that you can't figure out how much you need to live in Dublin. It's not like you're moving to Kuala Lumpur.

kippy

arccosh wrote: »

situation I am in at the moment, I could pay rent on a house, care for my gf and kid, run a car, and on a good month, save a couple of hundred quid, with me being the sole earner. Mind you it would be a very frugal life.

My end game is to try get back to Dublin at some point,but I'm in the mid to senior level of my career in a specialist industry which Ireland doesn't have much of. I can laterally move to similarish jobs, but again, having worked in such a niche area has worked for, but also gone against me.

I could get higher paying jobs in Dublin no problem, but most are 45-50 hour management roles, which would be a pain in the ass going to from a technical role with a strict 40 hr week and no sub-ordinantes to look after.

This role I was offered is a decent 9-5 job, with lots of technical aspects and progression oppotunities, 60k is basic, there are also bonuses (which I don't want to be relying on) which are supposidly unlimited, but I have a follow up meeting where I'll ask what a realistic take home looks like and are they monthly or annual.

I have it very very cushy where I am, I know I won't get that back home, but aim is to get something as close to it without sacrificing too much money or time.

Based on the figures you've provided and the life choices you've outlined 60K a year is not adequate to live on in Dublin under your circumstances.
Simple as.

arccosh

realdanbreen wrote: »

I take it you're no mug seeing as somebody is paying you 60k per anum. So it's strange that you can't figure out how much you need to live in Dublin. It's not like you're moving to Kuala Lumpur.

top notch input, reason I'm asking is because I don't know what the cost of living is. It's usually how these things work, people have a query, so they ask... unfortunately I don't have the time or money to do a trial run and figure it out myself...

arccosh

kippy wrote: »

Based on the figures you've provided and the life choices you've outlined 60K a year is not adequate to live on in Dublin under your circumstances.
Simple as.

I'm aware of that... but that wasn't the question asked.

Humour Me

If you are Twitter Blindboy from the Rubberbandits had an interesting thread yesterday about people moving from Dublin due to cost of living. I thought it was interesting the people who went from Dublin to London found it cheaper due to transport, services and the number of free activities. They were also getting more for their money with similar rents.

Really makes you wonder how the cost of living in Dublin can be justified.

Ronney

2 Answers to your Q.

No you cannot afford to live near work paying €2.5-3K rent in Dublin

Yes you can afford to live (+GF&Kid) in Dublin just move to the suburbs and pay 1.5-1.8 rent. If you are near a Dart/Luas or Major/Busy bus root commuting 30-40 mins a day is normal enough. Leap fares capped to at weekly maximums

Assetbacked

€60k is considered a low income by Dublin standards unfortunately (https://www.irishtimes.com/business/personal-finance/fiona-reddan-affordable-housing-you-ve-got-to-be-kidding-1.4021490?mode=am), certainly it is for the purpose of purchasing the lowest value apartments and, considering we are a home-owning rather than renting city, this classification applies to most people. €60k would be considered the wage at which an individual can start to actually live at a comfortable level in Dublin.

However, to maintain that salary in the rental market with dependents, it would be a struggle (on the assumption that rent would be in the region of €1500-2000). €70k onwards should enable you to get by.

is_that_so

arccosh wrote: »

top notch input, reason I'm asking is because I don't know what the cost of living is. It's usually how these things work, people have a query, so they ask... unfortunately I don't have the time or money to do a trial run and figure it out myself...

Rent aside it shouldn't be a whole lot different but you need to look out for the length and cost of the commute. I suppose you could probably add increased childcare to that. Location-wise I think it is easier to get into the city from the north of the city. Anywhere else and you're running into multiple local traffic problems.

kippy

arccosh wrote: »

top notch input, reason I'm asking is because I don't know what the cost of living is. It's usually how these things work, people have a query, so they ask... unfortunately I don't have the time or money to do a trial run and figure it out myself...

Okay,
You asked what would be a livable wage in Dublin. There are way too many potential variables involved to give YOU an answer.
People have advised based on what you have said that 60K is not enough. 80K might be enough, but it would depend on your own choices and wants.

DellyBelly

Assetbacked wrote: »

€60k is considered a low income by Dublin standards unfortunately (https://www.irishtimes.com/business/personal-finance/fiona-reddan-affordable-housing-you-ve-got-to-be-kidding-1.4021490?mode=am), certainly it is for the purpose of purchasing the lowest value apartments and, considering we are a home-owning rather than renting city, this classification applies to most people. €60k would be considered the wage at which an individual can start to actually live at a comfortable level in Dublin.

However, to maintain that salary in the rental market with dependents, it would be a struggle (on the assumption that rent would be in the region of €1500-2000). €70k onwards should enable you to get by.

It's funny I mentioned that 60k was a low salary in Dublin and a lot of people questioned it. I really think it is. Maybe it's the circle I hang out with but most of them if not all are on over 75K and some closer to 100K. Can you get by on 60K I'm sure you can but to have a life in Dublin CIty I don't think so

machaseh

Everybody is saying that 60k is a 'low wage' in Dublin, meanwhile I'm here on only just more than half that

realdanbreen

arccosh wrote: »

top notch input, reason I'm asking is because I don't know what the cost of living is. It's usually how these things work, people have a query, so they ask... unfortunately I don't have the time or money to do a trial run and figure it out myself...

You don't know what the cost of living is in Dublin?

Do you think groceries, phone bill,electricity etc is going to be much different to what you're paying where you live now?

ELM327

machaseh wrote: »

Everybody is saying that 60k is a 'low wage' in Dublin, meanwhile I'm here on only just more than half that

I've never felt as "rich" as I did on 28k living alone in Dublin in a room in a shared house, no car no dependants, no significant other.



I'm on over double it now and we can't afford to live in Dublin.
Depends on your expectations of "live" in dublin.

machaseh

ELM327 wrote: »

I've never felt as "rich" as I did on 28k living alone in Dublin in a room in a shared house, no car no dependants, no significant other.



I'm on over double it now and we can't afford to live in Dublin.
Depends on your expectations of "live" in dublin.

Look I'm also in a shared house. The rent for me own apartment would be way too dear for me.

I would love to be able to afford even a tiny apartment for meself, and I would be able to do that with 60k relatively easily.

I cannot drive a car because I have a visual impairment, so no hopes or dreams of an expensive ride. I am not finding a significant other anytime soon by the looks of it (love life isn't that good), but even if I would I would never ever want children.

kippy

machaseh wrote: »

Everybody is saying that 60k is a 'low wage' in Dublin, meanwhile I'm here on only just more than half that

I think the obvious thing that needs to be said is that it depends on your outgoings and personal circumstances.
The OP has given some outgoings and specific circumstances, so for him 60K isn't a great wage to get by on.
Doesn't mean it's not a great wage.

DellyBelly

machaseh wrote: »

Everybody is saying that 60k is a 'low wage' in Dublin, meanwhile I'm here on only just more than half that

Wow..fair play to you surviving on that. Any chance you can get something different that pays more? I would presume a job that pays 30K would be a fairly low skilled job. Maybe you could do a course to get more qualifications...

sheriff2

arccosh wrote: »

Haven't lived in Dublin for a while, but what would be a liveable wage now?


Been offered a job of circa €60k a year, and would be supporting a GF and child for the next year or two.


Ideally would be living close to work, where rent is around €2.5 - 3k per month, but there is a possibility I'll have to commute (cheaper rent but have to pay tickets, so monthly outgoing would be similar).


I know it's a "how long is a piece of string" question. I'm not too big on going out and quite frugal generally, but I also don't want to be in a position where if I wanted to go for a meal with friends, I could etc...


As mentioned, I'd be renting, so I'd be looking to be earning enough to save for a deposit also...

for 2.5 - 3k its either a 2 bed apartment in IFSC / Grand Canal or a 3 bed house just outside the city- say Lucan.

Realistically you need to be looking at a 2 bed apartment outside the city for about €1700 plus it would help if the GF could even pick up a couple of hours part time work

arccosh

Humour Me wrote: »

If you are Twitter Blindboy from the Rubberbandits had an interesting thread yesterday about people moving from Dublin due to cost of living. I thought it was interesting the people who went from Dublin to London found it cheaper due to transport, services and the number of free activities. They were also getting more for their money with similar rents.

Really makes you wonder how the cost of living in Dublin can be justified.

Thanks, it was an interesting read, hit home on a good few points

arccosh

kippy wrote: »

Okay,
You asked what would be a livable wage in Dublin. There are way too many potential variables involved to give YOU an answer.
People have advised based on what you have said that 60K is not enough. 80K might be enough, but it would depend on your own choices and wants.

that point has already been raised and clarified