Savings rate in Galway — are you on track?
Galway is a high cost city. 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.
Median rent
€1,400/mo
Galway 2023
Typical other costs
€1,200/mo
excl. housing
Savings benchmark
9–20%
mid-income EUR
Pre-set for Galway — adjust to your situation
What a good savings rate looks like in Galway
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 Galway, 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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