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Ireland vs Sweden: salary & cost of living

Which offers better value? A real Eurostat comparison of take-home pay and cost of living, with each country’s Gera EU Value Index.

Ireland vs Sweden: which is better value to live in?

As of 2024, Ireland offers better salary-to-cost value than Sweden on the Gera EU Value Index (121.1 vs 106.3, a 14.8-point gap, EU≈100). Ireland pays €42,366 net a year versus €33,213 in Sweden; cost-of-living indices are 141.7 and 126.6. Figures from Eurostat (earnings & price levels).

Source:Eurostat — Net annual earnings (earn_nt_net), single person at 100% of average wage·as of 2024 (earnings) · 2024 price levels / 2025-S2 energy (cost of living)updated annually (Eurostat earnings & price levels) (last: )
Gera EU Value IndexIreland 121.1 vs Sweden 106.3Ireland offers better salary-to-cost value, a 14.8-point gap. EU median 94.9.How this index is calculated

Ireland vs Sweden — head to head

Ireland vs Sweden — salary & cost of living (Eurostat)
MetricIrelandSweden
Net annual take-home pay€42,366€33,213 (kr364,474 SEK)
PPS earnings index (EU=100)127.9120.3
Cost of living (EU=100)141.7126.6
Gera EU Value Index121.1106.3
EU value rank (of 27)#4#10

Compare your salary in Ireland and Sweden

Index your take-home pay against the EU norm in both

How far does your salary go in the EU?

Enter a net (take-home) salary and pick two EU countries. We index it against the EU norm using the same real Eurostat earnings and cost-of-living figures behind the Gera EU Value Index.

MetricIrelandAustria
Your salary, locally€35,000€35,000
Salary value vs EU norm100.1120.4
Local cost of living (EU=100)141.7117.8
Typical local net pay€42,366€35,824
Gera EU Value Index121.1 (#4)123.2 (#2)

On €35,000 a year, your salary stretches further in Austria — a value index of 120.4 against the EU norm of 100, because its cost of living is 117.8 (EU=100). The same salary indexes 100.1 in Ireland and 120.4 in Austria. The Gera EU Value Index median is 94.9.

Full value report for Ireland

Ireland vs Sweden — FAQ

Is Ireland or Sweden better value to live in?
Ireland offers better salary-to-cost value on the Gera EU Value Index (121.1 vs 106.3, EU≈100, 2024). Ireland pays €42,366 net a year and Sweden €33,213; their cost-of-living indices are 141.7 and 126.6. Figures from Eurostat.
Where is the salary higher — Ireland or Sweden?
Ireland has the higher net annual take-home pay at €42,366 versus €33,213 in Sweden, for a single person at 100% of the average wage (Eurostat earn_nt_net, 2024). A higher salary does not always mean better value once cost of living is taken into account.
Where is the cost of living lower — Ireland or Sweden?
Sweden has the lower cost of living, with a Gera EU Cost Index of 126.6 versus 141.7 (EU average ≈ 100), built from Eurostat price levels and household energy prices.

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Contains public sector information published by Eurostat (European Commission) and licensed under the Eurostat reuse policy (© European Union — free reuse with attribution). Source: Eurostat — Net annual earnings (earn_nt_net), single person at 100% of average wage (2024 (earnings) · 2024 price levels / 2025-S2 energy (cost of living), published 2025 (Eurostat earnings release)).