Dublin is still an 'attractive location' for expats and multinationals
Dublin is the second most expensive city in the Eurozone for expats to live in.
That's according to the 2017 Mercer Cost of Living Survey, which was released today.
The report, which saw European cities pushed down the rankings thanks to a strengthening dollar, also showed that the Irish capital is the 66th most expensive city in the world overall.
Angolan capital Luanda claimed the number one spot, bumping Hong Kong down to second place.
London ranked 30th, while Belfast was much further down at 170.
Only three European cities made the top ten - Zurich being the most expensive at number 4, followed by Geneva (7) and Bern (10).
Paris was found to be the most expensive city in the Eurozone.
Moscow (14) and St. Petersburg (36) rocketed up fifty-three and one hundred and sixteen places from last year respectively, because of the strong growth of the ruble against the US dollar and the cost of goods and services.
Commenting on the results, Noel O’Connor, Principal at Mercer Ireland noted: “Dublin is ranked in 66 position in Mercer’s 2017 Cost of Living Survey for expatriates.
"The strength of the dollar against the euro means that it is now more affordable for global companies to relocate their expatriates here.
“It is also interesting to note that once again Dublin is the second highest ranked city in the Eurozone, behind Paris.
"The survey identifies cost pressures on expatriate rental accommodation as a key factor in maintaining Dublin’s relatively high ranking when compared to other Eurozone cities."
O’Connor added that in an environment where workers are moved around the world, Dublin is still an attractive location.
Read other news on the city site of Dublin.