House Affordability · Ireland · 2015–2024

House Price-to-Income Ratio Ireland — 5.81x National (2024)

Ireland's median house price is now 5.81x the country's mean annual earnings — well past the 5x "severely unaffordable" threshold. This page tracks the ratio year-by-year, 2015 to 2024, for all 26 counties, using only publicly-reproducible data: raw PPR transactions for the numerator and CSO NEA08 mean annual earnings for the denominator. Updated daily for the latest PPR filings.

National ratio 2024
5.81x
€327,500 ÷ €56,356
Change since 2015
+1.83x
2015 ratio: 3.98x
Most expensive 2024
Wicklow
6.92x (€414,097 ÷ €59,827)
Most affordable 2024
Leitrim
3.64x (€171,806 ÷ €47,235)

National ratio 2015–2024

Ireland's national price-to-income ratio over time, vs the 5x "severely unaffordable" threshold:

5x severely unaffordable 4x5x6x7x8x2015201620172018201920202021202220232024

2024 league table by county

Each county's ratio for 2024 — coloured by band (red ≥8x, amber 7–8x, purple 6–7x, green <6x). Threshold line at 5x.

Wicklow 6.92x Dublin 6.68x Kildare 6.15x Meath 5.99x Galway 5.89x Louth 5.84x Kilkenny 5.80x Wexford 5.67x Cork 5.51x Westmeath 5.49x Laois 5.26x Kerry 5.25x Waterford 5.22x Carlow 5.17x Limerick 5.07x Clare 5.01x Offaly 4.93x Monaghan 4.70x Sligo 4.41x Tipperary 4.38x Cavan 4.24x Mayo 4.20x Donegal 4.03x Longford 3.82x Roscommon 3.73x Leitrim 3.64x 0x0.5x1x1.5x2x2.5x3x3.5x4x4.5x5x5.5x6x6.5x7x7.5x8x
CountyRatioPPR medianMean earningsPPR n
Wicklow6.92x€414,097€59,8272,596
Dublin6.68x€440,000€65,82219,308
Kildare6.15x€370,044€60,1213,387
Meath5.99x€339,207€56,6692,602
Galway5.89x€315,000€53,4972,661
Louth5.84x€290,000€49,6521,765
Kilkenny5.80x€295,000€50,8861,057
Wexford5.67x€265,000€46,7462,226
Cork5.51x€315,725€57,2737,068
Westmeath5.49x€280,000€50,9601,155
Laois5.26x€265,000€50,3391,221
Kerry5.25x€242,000€46,1391,470
Waterford5.22x€263,452€50,4411,766
Carlow5.17x€247,250€47,834666
Limerick5.07x€274,008€54,0512,114
Clare5.01x€265,000€52,8791,268
Offaly4.93x€237,000€48,121873
Monaghan4.70x€207,000€44,045461
Sligo4.41x€220,000€49,875748
Tipperary4.38x€214,975€49,1151,596
Cavan4.24x€200,000€47,173830
Mayo4.20x€200,000€47,5751,413
Donegal4.03x€175,000€43,4451,523
Longford3.82x€172,250€45,056480
Roscommon3.73x€182,000€48,826802
Leitrim3.64x€171,806€47,235493

Key counties 2015–2024

Trend lines for the seven counties most discussed in housing commentary. Most converge upward; only the rate of acceleration differs.

5x severely unaffordable 2x3x4x5x6x7x8x2015201620172018201920202021202220232024DublinWicklowKildareMeathGalwayCorkLimerick

Explore the live map — every county, every year

The charts above are snapshots; the map below is the full dataset. Click to open an interactive choropleth of the price-to-income ratio. Hover any county for that year's ratio + the median sale price and mean earnings it derives from, and switch year (2015–2024) with the year picker inside the panel.

Methodology — transparent and reproducible

Ratio = raw PPR median sale price ÷ CSO NEA08 mean annual earnings (both sexes, all NACE sectors), per county per year.

Numerator: Property Price Register annual CSVs (PPR-YYYY.csv) — every recorded residential sale in Ireland. Median is the simple statistical median of all transactions in that county-year, no filtering, no hedonic adjustment, no VAT adjustment. Refreshed daily from propertypriceregister.ie.

Denominator: CSO PxStat dataset NEA08 "Mean Annual Earnings" — both sexes, all sectors. Refreshed daily; CSO publishes annually with ~6-month lag (e.g. 2024 earnings released mid-2025).

Why these numbers may look lower than press coverage: most affordability commentary (CSO/ESRI/Central Bank) uses CSO's RPPI hedonic-adjusted median, which controls for the high share of new-build apartments in PPR transactions. That adjustment typically produces ~20–25% higher ratios for urban counties than our raw PPR median. Neither approach is "right" — they answer slightly different questions. We use raw PPR because every input is publicly downloadable and reproducible from primary sources.

Snapshot last refreshed: 2026-05-24. 2024 earnings is the latest CSO publication; 2024 PPR is YTD where applicable.

→ Explore Ireland's census + housing data on the live map

Sources: CSO NEA08 — Mean Annual Earnings · Property Price Register

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