Cost of living in Ireland is between €10,000 and €16,000 per year, consisting of accommodation, groceries, public transport, utilities, health insurance, study materials, and personal expenses. Ireland has become one of the top preferred places for international students to study abroad. However, with the responsibility of studying abroad comes the challenge of managing financial parameters.
While Ireland is a relatively affordable country in terms of living, Indian students can make sure that they won’t hamper their financial budget and plan smartly for their higher education in this country. Education Vibes is a group of educational consultants helping students study abroad, and they are sharing the details on the cost of living in Ireland for all students to manage their finances while studying abroad in Ireland.
Why Do Students Choose to Study in Ireland for Studying Abroad?
Many students choose to study in Ireland because it is one of the most attractive destinations in Europe. There are globally ranked universities with a strong job market and a comfortable, English-speaking environment where students can live easily while studying. Ireland is safe and student-friendly for all international students to learn in a picturesque location.
Cost of Living in Ireland: A Breakdown of What You Need to Budget
Let’s look at the breakdown of the cost of living in Ireland for students to plan smartly before packing their bags and starting with pursuing higher education.
Accommodation
Renting a house in any location of your choice is a considerable expenditure when you study abroad. Booking accommodation in Ireland is a smart plan because the housing market is competitive, especially for a city like Dublin. That being said, Dublin will cost €800–€1,500 per month for private accommodation and €600–€1,000 for a shared apartment. Other cities like Cork, Galway, and Limerick will cost €500–€900 per month for a private rental; a shared apartment will cost €400–€700 per month.
Food & Groceries
The cost of living in Ireland will become more manageable if students choose to cook at home and shop for their groceries mindfully. Aldi, Lidl, and Tesco are some of the budget-friendly cities in Ireland to help you with food and groceries. The groceries in Ireland can be bought at a price of €250-€350 per month, while dining out will cost at least €12-€20 for an affordable price and €50 for a mid-range restaurant for two individuals.
Transportation
Students can rely on the public transport system of Ireland, as it is reliable and affordable, as it offers discounted fares on student discounts. It is advisable for students to always apply for a Student Leap to save money on buses, trains, and trams. Monthly public transport passes in Dublin will cost €80-110, while other cities can cost €50-80 per month. Many cities also provide second-hand bicycles to rent and use for basic transportation.
Utilities & Internet
The cost of living in Ireland increases with the winter season, as students need to make heating arrangements. If your rent does not include utilities, expect to spend an average of €80-€150 per month on electricity, heating, and water. The Internet will cost €40-€60 per month.
Health Insurance
All international students (except students from EU member countries) have to pay for health insurance before applying for admission. Basic health insurance will cost an annual range of €500-€800.
Study and Other Expenses
Books and study materials will cost €70-€150 per month (or lower if you visit the library or use second-hand books). Other expenses will be gym membership and some activities related to entertainment and leisure, which can cost between €25 and €200 per month.
Conclusion
The cost of living in Ireland is manageable by using student discounts as much as possible and wherever they are available. Students can expect to spend about €1,345-€2,430 per month for a city like Dublin, while €995-€1,750 per month for other budget-friendly cities in Ireland. Being financially sound and prepared will help you to study in Ireland comfortably.
Need more information on the average cost of living in Ireland? Talk to the experts at Education Vibes, and get started right away!
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