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Why is Ireland the second most expensive place to live in Europe?

Ireland is consistently ranked as one of the most expensive countries in Europe. Eurostat found Ireland to be the second most expensive country in Europe, 42% above the average, and the most expensive EU country for alcohol and tobacco. Dublin is also ranked among the most expensive cities in Europe for cost of living and rent. Studies show high costs for digital nomads, childcare, healthcare, and consumer goods.
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