How much does it cost to live in Galway?

Typical monthly costs in Galway are approximately €1,400 in rent and €1,200 in other expenses, totalling around €2,600/month.

How much should I save in Galway?

Based on CSO Household Budget Survey 2022/23, people at mid-range incomes in Ireland typically save 12–20% of gross income. In a high cost city like Galway, housing costs can reduce this, particularly for renters.

Galway · EUR · high cost city

Cost of living in Galway — is your salary enough?

Galway rents average €1,400/month, elevated by university demand and limited housing supply in the compact city. Galway earners face a tight income-to-cost ratio for its size; the pharma and tech sectors support incomes but housing remains constrained.

Rent in Galway

Budget€1,100 – €1,250/mo

Typical€1,400 – €1,600/mo

Premium€1,800+/mo

Other monthly costs

Food, transport, bills, going out~€1,200/mo

Total typical monthly spend~€2,600/mo

How different incomes stack up

At typical Galway costs (€1,400 rent)

€32,000 – €45,000→ saving -9.5%

Critical

€45,000 – €62,000→ saving 5.9%

Falling Behind

€62,000 – €85,000→ saving 31.5%

Ahead

See your personal verdict for Galway

Country

Annual income (gross)€53,500

€15,000€195,000€375,000+

Monthly rent or mortgage€1,400/mo

€0€4,000€8,000+

Other monthly expenses

Food, transport, subscriptions, going out — everything except rent

€1,550/mo

€0€3,250€6,500+

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Cost figures are estimates based on reported median rents and typical spending patterns. Savings benchmarks from CSO Household Budget Survey 2022/23. Figures in EUR.

Check your savings rate in Galway →

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Also in the Verdict suite

SalaryVerdict — Is your Galway salary competitive?SpendVerdict — Is your Galway rent too high?