Dublin is now ranked the 19th most expensive city in the word to live in overtaking London due to the enduring strength of the euro.
The report comes from the Economist Intelligence Unit’s 2018 report.
The euro’s strength relative the pound sterling and other currencies is also continuing to have a detrimental effect on the competitiveness of Irish exports.
Brexit has also been a key factor in the weakening of the Sterling which has increased the competitiveness of British exports.
Meanwhile the report on the living costs of global cities ranks now places London as the 30th most expensive while Paris is ranked 1st in the Eurozone and second globally.
Singapore is ranked as the most expensive city in the world over all.