Dublin ranked in the top 40 most expensive cities in the world for ex-pats
One of the reasons for Dublin’s high ranking is the cost of rental accommodation.
Dublin has been ranked as the 39th most expensive city to live in for expatriate employees, according to Mercer's 2021 Cost of Living Survey.
Comparing 209 cities from around the globe, the survey reveals the most and least affordable locations for international employees worldwide.
Dublin has risen seven places from its 2020 position and is now ranked just behind Paris (33), Milan (36) and Vienna (37).
Other higher ranking western European cities include Geneva (8), London (18), Amsterdam (44), Rome (47) and Munich (52).
Commenting on the survey results, Senior Consultant at Mercer, Noel O’Connor said: “One of the factors influencing Dublin’s ranking is the cost of rental accommodation.
"High demand, coupled with supply constraints in the private rental market, means some expatriates have difficulty finding appropriate rental accommodation, often the biggest cost for companies placing employees on assignment.”
O'Connor added: “Looking ahead, as the potential effects of Brexit continue to evolve, Dublin has an opportunity to expand the availability of rental accommodation for expatriates, to help improve its ranking.
"Overall, Dublin remains an attractive location for multinational organisations."
According to the ranking, the most expensive city in the world is Ashgabat in Turkmenistan, followed by Hong Kong, Beirut, Tokyo and Zurich.
You can see Mercer's 2021 Cost of Living Survey here.