Belfast houses twice as affordable as Dublin’s
In 2024, median house prices in Dublin were more than 13 times the median gross annual salary of all employees.
In Belfast, median house prices were six times the median gross annual salary, CSO data shows.
The median house price in Dublin was €472,000, while in Belfast it was €192,530.
In 2023, disposable household income per person in Ireland was 21,488 in Purchasing Power Standards (PPS) and in the North it was 18,998 PPS.
The North ranked behind the eastern and midland (22,264 PPS), southern (21,279 PPS), and northern and western (19,721 PPS) regions of Ireland.
Benefits
Social benefits per capita were higher in the North in 2023 at 5,645 PPS than in Ireland at 5,056 PPS.
In 2023, modified gross national income, a deglobalised measure of Ireland’s economic performance, was 46,428 PPS per person, while gross domestic product (GDP) per person in the North was 31,144 PPS.
Manufacturing was the largest sector in Ireland in 2023, at 31% of its total gross value added (GVA).
In the North, public administration, education and health was the largest, at 24% of its total GVA.
Disposable income per capita increased for all regions within the Dublin-Belfast Economic Corridor (DBEC) between 2011 and 2023, the data show.
There was a trough in disposable income per person in 2014 in Dublin, and disposable income per capita in this county remained below that of Lisburn & Castlereagh until 2016.
Thereafter, Dublin had the highest disposable income per capita, followed by Lisburn & Castlereagh and Louth.