Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Dublin Live
Dublin Live
National
Sophie Collins

House prices Ireland: The salary you need to buy a house in Dublin and every other county

While a recession is reportedly looming, house prices continue to increase across the country, including Dublin.

The latest statistics show house prices have increased by 5.3% in Ireland for Q2. Property website MyHome.ie published the latest figures this week, revealing that the average asking price for a house in Ireland is now €320,000.

The average asking price for a house in Dublin is now at €403,000. If you were to exclude Dublin from the national data, the average house price in Ireland is €270,000.

Read more: When will the next financial crisis hit and how long will it last?

The report looked specifically at the average asking price for a three-bed semi-detached house in every county. Prices went as low as €116,250 in Longford all the way up to €385,000 in Wicklow.

Using the latest data from the recent MyHome.ie report, the Irish Mirror worked out what salary a single person would need in order to qualify for a mortgage in every part of Ireland. The figures were based on the general maximum mortgage rate which is capped at 3.5 times your gross annual salary.

So here is what you would need to be earning in order to afford a semi-detached, three-bedroom home in Ireland:

Dublin

  • Average cost of a three-bed semi-detached house: €365,000
  • Up 7,35% on last year
  • Deposit needed: €36,500
  • Salary needed: €93,857

Read more: How to prepare your finances as Eddie Hobbs predicts 'firestorm' to hit very soon

Cavan

  • Average cost of a three-bed semi-detached house: €185,000
  • Up 23.33% on last year
  • Deposit needed: €18,500
  • Salary needed: €47,572

Clare

  • Average cost of a three-bed semi-detached house: €217,000
  • Up 9.05% on last year
  • Deposit needed: €21,700
  • Salary needed: €55,800

Read more: Food hacks that save you money

Cork

  • Average cost of a three-bed semi-detached house: €265,000
  • Up 6% on last year
  • Deposit needed: €26,500
  • Salary needed: €68,143

Donegal

  • Average cost of a three-bed semi-detached house: €140,000
  • Up 12.9% on last year
  • Deposit needed: €14,000
  • Salary needed: €36,000

Read more: Criminals using 'bank jugging' to steal from unsuspecting victims

Galway

  • Average cost of a three-bed semi-detached house: €245,000
  • Up 4.26% on last year
  • Deposit needed: €24,500
  • Salary needed: €63,000

Kerry

  • Average cost of a three-bed semi-detached house: €195,000
  • Up 8.33% on last year
  • Deposit needed: €19,500
  • Salary needed: €50,143

Read more: Social welfare officers join forces with garda checkpoints

Kildare

  • Average cost of a three-bed semi-detached house: €249,475
  • Up 8.72% on last year
  • Deposit needed: €24,947
  • Salary needed: €64,151

Kilkenny

  • Average cost of a three-bed semi-detached house: €205,000
  • Up 9.33% on last year
  • Deposit needed: €20,500
  • Salary needed: €52,715

Read more: Niall Horan sells Irish mansion weeks after putting property on the market

Laois

  • Average cost of a three-bed semi-detached house: €185,000
  • Up 5.71% on last year
  • Deposit needed: €18,500
  • Salary needed: €47,572

Leitrim

  • Average cost of a three-bed semi-detached house: €165,000
  • Up 18.71% on last year
  • Deposit needed: €16,500
  • Salary needed: €42,429

Read more: Inside Boyzone singer Shane Lynch's suburban home

Limerick

  • Average cost of a three-bed semi-detached house: €225,000
  • Up 0.00% on last year
  • Deposit needed: €22,500
  • Salary needed: €57,858

Longford

  • Average cost of a three-bed semi-detached house: €116,250
  • Up 16.25% on last year
  • Deposit needed: €11,625
  • Salary needed: €29,893

Read more: See inside Keith Duffy’s stunning €1.3 million Swords home

Louth

  • Average cost of a three-bed semi-detached house: €225,000
  • Up 9.76% on last year
  • Deposit needed: €22,500
  • Salary needed: €57,857

Mayo

  • Average cost of a three-bed semi-detached house: €170,000
  • Up 13.71% on last year
  • Deposit needed: €17,000
  • Salary needed: €43,714

Read more: Inside the Rathmines redbrick that went on to feature on RTE Home of the Year

Meath

  • Average cost of a three-bed semi-detached house: €275,000
  • Up 14.58% on last year
  • Deposit needed: €27,500
  • Salary needed: €70,714

Monaghan

  • Average cost of a three-bed semi-detached house: €175,000
  • Up 12.90% on last year
  • Deposit needed: €17,500
  • Salary needed: €45,000

Inside Ronan and Storm Keating's stunning home with gorgeous country views

Offaly

  • Average cost of a three-bed semi-detached house: €175,000
  • Up 2.94% on last year
  • Deposit needed: €17,500
  • Salary needed: €45,000

Roscommon

  • Average cost of a three-bed semi-detached house: €137,500
  • Up 44.74% on last year
  • Deposit needed: €13,750
  • Salary needed: €35,357

Read more: Five incredible Dublin apartments on sale for under €300,000

Sligo

  • Average cost of a three-bed semi-detached house: €182,500
  • Up 21.67% on last year
  • Deposit needed: €18,250
  • Salary needed: €46,929

Tipperary

  • Average cost of a three-bed semi-detached house: €185,000
  • Up 15.63% on last year
  • Deposit needed: €18,500
  • Salary needed: €47,571

Read more: Five Dublin dream homes on sale for under €300,000

Waterford

  • Average cost of a three-bed semi-detached house: €200,000
  • Up 8.11% on last year
  • Deposit needed: €20,000
  • Salary needed: €51,429

Westmeath

  • Average cost of a three-bed semi-detached house: €200,000
  • Up 11.14% on last year
  • Deposit needed: €20,000
  • Salary needed: €51,429

Read more: Sinead O'Connor's former Bray home set to be converted into apartments

Wexford

  • Average cost of a three-bed semi-detached house: €200,000
  • Up 11.11% on last year
  • Deposit needed: €20,000
  • Salary needed: €51,429

Wicklow

  • Average cost of a three-bed semi-detached house: €385,000
  • Up 10.95% on last year
  • Deposit needed: €38,500
  • Salary needed: €99,000

Read next:

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.