Breakdown of Expenses
Last updated: Cork, Oct 2024
For a monthly net income of €3,217, our calculator estimates that the cost of
living in Cork for
a single individual
is around
€1,902 per month for accommodation and basic
expenses.
* Cost of Living in Cork (excluding leisure activities, dining out, and childcare)
Net Income |
€38,599 |
€3,217 |
€742 |
Expenses (59%) |
€22,828 |
€1,902 |
€439 |
Rent (1-bed)
|
€15,192 |
€1,266 |
€292 |
Utilities
|
€2,920 |
€243 |
€56 |
Groceries
|
€3,900 |
€325 |
€75 |
Transport
|
€816 |
€68 |
€16 |
To make our calculator easy to use, we've integrated a few assumptions about your personal situation, such as choosing to live close
to the city centre and opting for public transportation.
Accommodation Costs
Our calculator recommends
renting a 1-bedroom apartment:
€1,266
It is generally advised to keep accommodation costs at around 30% of your total monthly gross income (before tax).
However, that may not be realistic in Cork, since rental prices in the city have increased by 10.2% in the past 12 months alone.
The table below outlines the average monthly rental rates for apartments in Cork City.
Source: Irish Rental Report Q3 2023 | daft.ie
3-Bedroom |
€1,893 |
2-Bedroom |
€1,532 |
1-Bedroom |
€1,266 |
Shared Apartment |
€631 |
Price of Utilities in Cork
Average monthly utility bill
for one person
living in a 1-bedroom apartment:
€243
In Cork, rental agreements typically do not include utilities.
When renting a room in a shared apartment, utility costs may be included, but it's important to confirm exactly which expenses are
covered.
Our calculator includes the typical costs for standard utilities (electricity, heating, water, garbage), Internet, a phone plan, and
the TV licence fee.
It also factors in the suggested accommodation type for your budget and whether you are living alone or not.
Utilities
(1-bedroom apartment)
|
1 ×
€150
|
Internet
|
1 ×
€55
|
TV Licence
|
1 ×
€13.33
|
Phone Plan
|
1 ×
€25
|
Grocery Prices in Cork
Average monthly grocery bill for one person:
€325
Recent data suggests that the average adult in Cork spends around €75 per week on groceries, which adds up to about
€325 a month.
For couples living together, this expense increases to approximately €122 weekly, or
€528 each month.
It's important to note that these figures can vary widely.
The total amount you spend will depend on factors like how often you cook at home, the types of groceries you buy, and your spending
habits on daily essentials like toiletries and household items.
Below, you'll find a list of some common grocery items along with the typical prices you can expect to see in Cork supermarkets.
Loaf of Bread |
€1.91 |
12 Medium Eggs |
€2.80 |
1 L (1 qt) of Milk |
€1.15 |
1 kg (2.2 lb) of White Rice |
€1.50 |
1 kg (2.2 lb) of Local Cheese |
€7.22 |
1 kg (2.2 lb) of Whole Chicken |
€3.75 |
1 kg (2.2 lb) of Apples |
€1.85 |
750 ml (25.3 oz) Bottle of Mid-Range Wine |
€12.00 |
500 ml (16.9 oz) Can of Local Beer |
€2.00 |
Cost of Transportation
Monthly Cork public transport cost for one person:
€68
Owning a car in Cork can be quite costly, leading many residents to rely on public transport.
The TFI Leap card is typically the cheapest and most flexible option, allowing users to pay for single rides or to load daily,
weekly, or monthly tickets onto it.
In Ireland, there is also the option to join the Taxsaver Commuter Ticket Scheme through your employer.
This scheme can further reduce transportation costs, depending on your commute.
When projecting your monthly expenses, our Cork cost of living calculator factors in a monthly bus ticket in the Red Zone, which
covers the city centre.
Single Ride, Adult (0 - 11 stages) |
€1.35 |
Single Ride, Adult (12+ stages) |
€1.55 |
Cork Red Zone, 24 Hour |
€4.60 |
Cork Red Zone, 7 Day |
€18.60 |
Cork Red Zone, 1 Month |
€68.00 |
Dining Out & Entertainment
Budget left after basic expenses: €1,314
Cork's laid-back atmosphere is a welcome break from the hustle and bustle of Dublin.
It's a city where the people are as friendly as they are proud of their hometown.
Here, you'll discover an authentic Irish atmosphere, with entertainment and dining that appeal to a wide range of tastes.
Our calculator doesn't include these expenses when estimating the cost of living in Cork, as they vary quite a bit.
No need to worry, though.
To get a sense of what enjoying yourself in Cork might cost, just check out our table below.
Meal in a Mid-Range Restaurant (Excl. Drinks) |
€20 – €40 |
Big Mac Meal at McDonald's |
€8.80 |
Pint of Local Beer |
€5 |
Cinema Ticket |
€12 |
Monthly Gym Membership |
€35 |
The information provided on this site is intended for informational purposes only.
Please consult a qualified specialist such as an accountant or tax advisor for any major financial decisions.