High rental costs mean Dublin ranks in top 10 most expensive cities in Europe

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Apartments in Sandyford, Dublin 18. The high cost of letting a home in Dublin means the city is the fourth most expensive in Europe for rent, according to a report by Numbeo.
Apartments in Sandyford, Dublin 18. The high cost of letting a home in Dublin means the city is the fourth most expensive in Europe for rent, according to a report by Numbeo.

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Dublin is the ninth most expensive city in which to live in Europe, driven by high rental expenses, according to cost-of-living website Numbeo. Joe Brennan has the details.

Joe also reports on how Irish corporate insolvencies rose 16 per cent to their highest level in six years, though they came in below expectations as the fourth-quarter saw a drop off in company collapses, according to PwC.

In our Your Money Q&A, a reader wants to rent out a room in their home. They wonder if the rent pressure zone rules will apply to letting out this space having, in recent years, allowed a friend to stay there on “mates rates” and having also accommodated Ukrainian refugees, or if they can qualify for the rent-a-room tax free scheme. Dominic Coyle offers some guidance. If you’d like to read more about the issues that affect your finances try signing up to On the Money, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.

In Me & My Money, Maria Fleming, chief executive of charity First Fortnight, admits coming late to retirement planning. “I joke that my two children are my retirement plan, but I’m not sure they see it that way,” she tells Tony Clayton-Lea.

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Following changes in the rhythm of her family life, FT columnist Emma Jacobs’ new year resolution is to connect with more people.

PTSB have until Friday to apply for the lender’s voluntary redundancy scheme, although it could be well into February before they are told if they have been accepted, writes Joe Brennan.

New business growth in the Irish economy hit a nine-month high in December boosting sentiment for 2025, according to AIB’s latest services PMI index.

Brera Holdings, a Dublin-based company that holds stakes in a number of lower-league football clubs, racked up more than €8 million in net losses in its first 18 months as a publicly-listed company. Joe Brennan has the details.

In our opinion piece this week, John Clancy, the chief executive and founder of Galvia AI, makes the case for Ireland to take a leading role globally in AI regulation, and argues that the new Government could start by appointing a dedicated minister for AI.

Wall Street strategists are predicting a year of decent gains for the S&P 500. Are they right? Stocktake offers a view.

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