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IrelandDublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows

17:35  23 may  2019
17:35  23 may  2019 Source:   dublinlive.ie

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Hong Kong is the world 's most expensive city to rent in , while San Francisco is the most expensive in the US. It's home to the world 's most expensive rent , according to Deutsche Bank's 2019 edition of its annual "Mapping the World 's Prices" report. 8. Dublin , Ireland. Madrugada Verde/Shutterstock.

Dublin has the second highest transport costs in the world The average cost of a monthly public transport ticket in Dublin is €114.95, the Deutsche Bank research of 55 global cities suggests. Only Dubai at €73.50 costs more . Dublin , though was only a mid-ranking city in terms of the cost of

Dublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows © Catalyst Images Skyline of Dublin City, Ireland. Looking from Liberty Hall towards O' Connell bridge.

Dublin is the second highest city in the world for transport costs and is among one of the most expensive cities to rent in according to new research by Deutsche Bank.

In a survey of 55 major cities, they found that the average monthly cost of a public transport ticket in the capital is €114.95 - that's €6 more when compared to New York who is 5th on the list.

Dublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows © Provided by Trinity Mirror Shared Services Limited Rents in the greater Dublin area continue to rise London tops the transport list with a staggering monthly travel pass cost of €160.

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The French capital - ranked second most expensive last year - is one of four European cities in the top 10. The survey compares the cost of 160 items The Economist Intelligence Unit noted that costs in the cheapest cities were low by Western standards, partly because low wages limiting household

Part of the research focused on the cost of public transportation in 55 major cities around the world where there are huge disparities in the price Ireland's capital comes second on the list of the priciest cities for commuters with a monthly ticket in Dublin averaging 8, according to Deutsche Bank.

The research also states that Dublin is now the 8th most expensive city to rent out a 'mid-range' two bedroom apartment.

Dublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows © Catalyst Images Rush hour traffic in downtown Dublin, Ireland Previously holding a position of 18th, the average cost of rent between 2014 and 2019 in the city has risen by 23% from an average of €1,466 to €1,811.

The average monthly salaries net of taxes in the capital has fallen by 4% in those five years also from €2,646 a month to €2,529.

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Dublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows

This decrease sees Dublin fall eight places to 23rd on the list for average net disposable income with average disposal incomes in the capital dropping from€1,806 to €1,623 a month too.

Shockingly, Dublin does extremely bad in the research when it comes to quality of life, dropping 21 places to 43rd.

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Dublin comes second on the list of the most expensive cities for commuters and a monthly ticket in the Irish capital costs 8 on average. Auckland in New Zealand comes in third overall with 5.70. The first U.S. city on the list is New York where a monthly pass averages 1 while Chicago is ninth

Public transport in London is the world 's most expensive , a report says. London's taxis fared slightly better, ranked 20th in a list of 47 cities , with Zurich topping the list for the most expensive fares. For quality of life, London was ranked 33rd in the world , similar to other "mega cities " such as

Alongside transport, it is also the second most expensive city in the world for broadband.

Dublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows © Catalyst Images An aerial view over St Patrick's Catedral and the surrounding area of the city of Dublin, Ireland The average cost a month for Internet access in Dublin is €46.60 which is only beaten by Dubai at €73.50

Out of the 55 cities surveyed, Dublin was 30th for the cost of a cappuccino, 21st for a full-course dinner for two in an Indian restaurant and 17th for a meal in a neighbourhood pub for two.

The capital also comes in at 21st place on the list as the most expensive city for a taxi journey and 29th for hiring a car for the day.

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