People living in Limerick enjoy an excellent quality of life combined with low cost living.
Limerick has the highest level of disposable income per capita outside of the greater Dublin region. Limerick can therefore offer much greater affordability when compared with other gateway cities.
Limerick boasts a high quality stock of housing which is much more affordable than other parts of the county Rent prices in Limerick are over 50% lower than in Dublin and eating out in restaurants in Limerick is also cheaper than in the capital.
Residential rent prices are used as just one indicator of cost of living. The Daft Rental Report for Q1 2016 shows that rent prices have increased in Limerick year on year by 6.3%, which is lower than the nationwide increase of 9.3%.
The national average rental price is €998, whereas in Limerick City it is €641 showing that the cost of living is not as high here compared to other cities including Dublin and Cork.