Savings rate in Cork — are you on track?
Cork is a high cost city. Cork median rent is approximately €1,500/month, significantly lower than Dublin but still high by European standards. Cork earners face similar structural pressures to Dublin but with marginally better income-to-cost ratios.
Median rent
€1,500/mo
Cork 2023
Typical other costs
€1,200/mo
excl. housing
Savings benchmark
9–20%
mid-income EUR
Pre-set for Cork — adjust to your situation
What a good savings rate looks like in Cork
Using data from CSO Household Budget Survey 2022/23, people at mid-range incomes in Ireland typically save between 9–20% of gross income. In a high cost city like Cork, housing costs can compress that meaningfully — especially for renters.
Source: CSO Household Budget Survey 2022/23. Benchmarks shown for mid-income earners in Ireland.
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