Expected salary - First job in Ireland

RedX

Hi all,

I am have interviewed for a one year job in Ireland and i got an offer of about 35k gross P.A i was wondering as i am a single guy, how much this would amount to in estimate to monthly salary net? as i hear ireland taxes are very high, and do you think a single person can live on this salary in dublin fine?

Thank you all

Vorsprung

Try this calculator, it'll give you a good idea.

http://www.deloitte.ie/tc/Default.aspx

Nonoperational

You'll take home about €27.5k per annum or €2300 per month.

RedX

Thank you both, but is 2300 euros net good enough to live alone ? and to buy clothes and rent?

Outkast_IRE

Yes its plenty to maintain a decent standard of living in my opinion for a single person.

RealistSpy

RedX wrote: »

Thank you both, but is 2300 euros net good enough to live alone ? and to buy clothes and rent?

In Dublin maybe but I would suggest sharing in order to be able to save.

endacl

Depends where you're living. Dublin city centre, probably not.

hfallada

RedX wrote: »

Thank you both, but is 2300 euros net good enough to live alone ? and to buy clothes and rent?

It depends on where you are living. Dublin is quite expensive for apartments if you can find one. A house share might be a better choice. Food is cheap in lid and clothing is the same price as the rest of Europe. You can have a high standard of living if are smart with your money

RedX

I would try living near Dublin 18 ... i am not sure if i can find a room mate yet and rent prices for 1 room each around 800 euros! ... can you give me a rough estimate on how much clothing and rent and good would be each month? say around 1500 - 1700 euro? is that right?

uch

Nonoperational wrote: »

You'll take home about €27.5k per annum or €2300 per month.

Don't think so, I'm Married with kids and on a lot more that that and only come out with €2300 a month

RedX

uch wrote: »

Don't think so, I'm Married with kids and on a lot more that that and only come out with €2300 a month

If things are so expensive, i wonder how people manage to buy gadgets or even live in Ireland, i mean the taxes are really huge... how do people manage?

uch

RedX wrote: »

If things are so expensive, i wonder how people manage to buy gadgets or even live in Ireland, i mean the taxes are really huge... how do people manage?

Sorry redx I was replying to other poster about what you'll come home with, but to answer you question, things are not too expensive to survive, I live very comfortably on what I come home with, and it's worth noting, I pay €1100 a month Mortgage, almost half my salary, but still plenty to live well, as a single person only paying for yourself, I'd say you could live quite comfortably on €35k a year.

BGozIE

Redx- "Living well" is a relative term depending on the person. For example, my living well might be having a lot of money for expensive cars,clothes etc etc whereas your living well may be just to be comfortable, have a lot of time outside of work etc you get my point...

But in relation to your salary, 35k is probably seen as average - slightly above average in Ireland. A single person should definitely be able to live comfortable on 35k per annum.

As others have said accommodation costs in Dublin city can be expensive, so if it is a must that you live in the Dublin city area, you wil pay more and invariably have less expendable income. I still think 35k is enough to live comfortably in Dublin city, for a single person (again, that's obv relative to what I think)

likeyouI

uch wrote: »

Don't think so, I'm Married with kids and on a lot more that that and only come out with €2300 a month

I'm on 35k and come out with 2350 a month after tax. The tax calculator is highly accurate. You sure you are not been emergency taxed? 35k is a very good wage, don't let anyone fool you not to think otherwise. If you smart with your money you will have plenty!

My rent is 600 euro, leaves me with 1750 or over 400 a week which is loadsss! I spend roughly 60 a week on food and have 340 left to do what I want!

nomoreindie

likeyouI wrote: »

I'm on 35k and come out with 2350 a month after tax. The tax calculator is highly accurate. You sure you are not been emergency taxed? 35k is a very good wage, don't let anyone fool you not to think otherwise. If you smart with your money you will have plenty!

My rent is 600 euro, leaves me with 1750 or over 400 a week which is loadsss! I spend roughly 60 a week on food and have 340 left to do what I want!

If you are not paying any money into a pension then the €2300 figure is what the Deloitte calculator gives you.

uch

likeyouI wrote: »

I'm on 35k and come out with 2350 a month after tax. The tax calculator is highly accurate. You sure you are not been emergency taxed? 35k is a very good wage, don't let anyone fool you not to think otherwise. If you smart with your money you will have plenty!

My rent is 600 euro, leaves me with 1750 or over 400 a week which is loadsss! I spend roughly 60 a week on food and have 340 left to do what I want!

Nah everything accurate as I work for Revenue, but I forgot to take my pension deductions out, which are high enough and compulsory in my job, so you're probably more accurate with you're initial estimate, apologies

Chauncey

You should be able to live easily on that salary.

If you want to live alone, here's a few 1 bed apartments around the city centre for example:
http://www.daft.ie/searchrental.daft?id=1353478
http://www.daft.ie/searchrental.daft?id=1345319
http://www.daft.ie/searchrental.daft?id=1339082

This one is in D18:
http://www.daft.ie/searchrental.daft?id=1352636

You should be able to rent a nice room for around 3-400, which should leave you with plenty of money for gadgets and going out.
http://www.daft.ie/searchsharing.daft?id=724451
http://www.daft.ie/searchsharing.daft?id=722887
http://www.daft.ie/searchsharing.daft?id=718392
http://www.daft.ie/searchsharing.daft?id=725151


Have a look on daft.ie, you can search for shared accommodation there too, you could also try gumtree.ie, you just need to try to filter out all the maniacs. :pac:

RedX

Chauncey wrote: »

You should be able to live easily on that salary.

If you want to live alone, here's a few 1 bed apartments around the city centre for example:
http://www.daft.ie/searchrental.daft?id=1353478
http://www.daft.ie/searchrental.daft?id=1345319
http://www.daft.ie/searchrental.daft?id=1339082

This one is in D18:
http://www.daft.ie/searchrental.daft?id=1352636

You should be able to rent a nice room for around 3-400, which should leave you with plenty of money for gadgets and going out.
http://www.daft.ie/searchsharing.daft?id=724451
http://www.daft.ie/searchsharing.daft?id=722887
http://www.daft.ie/searchsharing.daft?id=718392
http://www.daft.ie/searchsharing.daft?id=725151


Have a look on daft.ie, you can search for shared accommodation there too, you could also try gumtree.ie, you just need to try to filter out all the maniacs. :pac:

Thank you for your links and recommendations! much appreciated!

LowKeyReturn

RedX it depends where you're coming from. Ireland is very expensive in comparison to the UK for example. We pay a premium on most things, food and clothing included. That said, contrary to popular belief, we have a very low tax rate. You should he fairly happy on 35K but the biggest issue here is socialising. Going out for a meal is insanely expensive in Dublin, although there are some bargains to be had.

Drink is also expensive - coming in from Scotland, which has a similar social scene to here it was quite an adjustment to the wallet! That said if you're from one of the more civilized European nations that doesn't need to get rat arsed to have a good time I'm sure you'll be grand! :pac:

The_Conductor

Vorsprung wrote: »

Try this calculator, it'll give you a good idea.

http://www.deloitte.ie/tc/Default.aspx

The calculator doesn't take into account various deductions (many of which are non-optional). Its giving me over 200 NET a week more than I actually get NET (aka it claims my NET is over 40% higher than it actually is). It also alludes to some benefits- and not others- and ignores costs altogether. I'd be hesitant to put much faith in it. Its accurate for what it does- but it doesn't reflect actual situations/circumstances on the ground.

likeyouI

The_Conductor wrote: »

The calculator doesn't take into account various deductions (many of which are non-optional). Its giving me over 200 NET a week more than I actually get NET (aka it claims my NET is over 40% higher than it actually is). It also alludes to some benefits- and not others- and ignores costs altogether. I'd be hesitant to put much faith in it. Its accurate for what it does- but it doesn't reflect actual situations/circumstances on the ground.

Its been very highly accurate for any job I ever had! usually just 50 quid less than I should be getting on monthly payments.

So people have large chunks taken out of their wages for pensions and healthcare is it or where does it go?

freelancerTax

LowKeyReturn wrote: »

RedX it depends where you're coming from. Ireland is very expensive in comparison to the UK for example. We pay a premium on most things, food and clothing included. That said, contrary to popular belief, we have a very low tax rate. You should he fairly happy on 35K but the biggest issue here is socialising. Going out for a meal is insanely expensive in Dublin, although there are some bargains to be had.

Drink is also expensive - coming in from Scotland, which has a similar social scene to here it was quite an adjustment to the wallet! That said if you're from one of the more civilized European nations that doesn't need to get rat arsed to have a good time I'm sure you'll be grand! :pac:

the low tax rate applys to companies only - every other european country i have worked in took less tax from from my pay cheque - irelands individual tax rate is actually very high in my opinion

likeyouI

The_Conductor wrote: »

And various levies.

What sort of levies? if you don't mind me asking? People saying they there on a lot more than 35k yet come out with the same as me with 2300 a month?
I have no health insurance or pension though

I'm just curious in case I apply for other jobs and get a hit, or where I'm likely to be hit in the future or what to look out for so I can come out with the same amount a month

RedX

But for a foreigner, who is coming ireland to work for 1 year, if i dont require health insurance or pension, do i still need to pay for those?

likeyouI

RedX wrote: »

But for a foreigner, who is coming ireland to work for 1 year, if i dont require health insurance or pension, do i still need to pay for those?

No you don't, its for the public sector, government associated jobs. People can turn down health insurance as well.

TBH you'll live like a king on 35k. It is a very good wage! Especially if you don't plan on driving a car or not paying back any loans!

Take a look at www.daft.ie and see how much you will have left over.

miss flutter ups

Two years ago I was sharing a house in Dublin for 600 p/m (large room with ensuite) earning 34,500 -tax/union subscription /pension etc I took home 2054 p/m and was well able to feed, clothe and enjoy myself!

Don't worry!

I think on average you'll pay 400 for a single room and 600 for a double. To rent alone you're talking 700-1200

likeyouI

miss flutter ups wrote: »

Two years ago I was sharing a house in Dublin for 600 p/m (large room with ensuite) earning 34,500 -tax/union subscription /pension etc I took home 2054 p/m and was well able to feed, clothe and enjoy myself!

Don't worry!

I think on average you'll pay 400 for a single room and 600 for a double. To rent alone you're talking 700-1200

public sector? Pension seems to take a huge chunk out of peoples wages, i'm taking home 2350 on 35k

Just curious is all. Can you decline the pension?

LowKeyReturn

likeyouI wrote: »

public sector? Pension seems to take a huge chunk out of peoples wages, i'm taking home 2350 on 35k

Just curious is all. Can you decline the pension?

Nope

likeyouI

LowKeyReturn wrote: »

Nope

I find it very strange that so much is taken out of wages for the pension, nearly 300 a month, TBH I'd rather the extra money for my 45 years of working, build savings and worry about a pension then, you still get 220 a week on a pension without contributions. Does not annoy you so much is taken out?

This topic is really interesting to me so I might make a new thread on it

LowKeyReturn

likeyouI wrote: »

I find it very strange that so much is taken out of wages for the pension, nearly 300 a month, TBH I'd rather the extra money for my 45 years of working, build savings and worry about a pension then, you still get 220 a week on a pension without contributions. Does not annoy you so much is taken out?

Annoys my wife, me less so

There are also all sorts of levies and pay cuts the civil service are taking, that said they get bankers amounts of holidays and work very short hours.

The whole system is a complete mess. They keep tinkering with the people under €50K where the issue is the sheer amount of wasted management on >€80K. They could solve the civil service wage bill tomorrow if they just sacked anyone earning €100K+ - I'm not sure they'd notice any difference.

I know of people with PhDs earning close to €50K that are essentially doing the filing as the structure is so top heavy.

miss flutter ups

likeyouI wrote: »

public sector? Pension seems to take a huge chunk out of peoples wages, i'm taking home 2350 on 35k

Just curious is all. Can you decline the pension?

Semi State, the pension was compulsory am on 35.5 now but only back from maternity leave so not sure what difference it'll make.

34,500 I came home with 1027 per forth night
Just rooted an old pay slip out:
So total pay 1325 gross 1279
deductions-
pension:46.75
Paye: 132
prsi: 42
Union: 10
universal social charge: 66
Leaving 1027

I want my monies back

A Primal Nut

35K for a single person is fine; the main problem with being alone is rent. If you are ok with sharing or living in a bedsit you should be fine (no more than €600) but to get a nice one bed apartment with a separate bedroom and in a nice area this will become a big expense. But you can definitely afford it on 35k. It's just annoying for me to pay so much for rent instead of saving.

RedX

A Primal Nut wrote: »

35K for a single person is fine; the main problem with being alone is rent. If you are ok with sharing or living in a bedsit you should be fine (no more than €600) but to get a nice one bed apartment with a separate bedroom and in a nice area this will become a big expense. But you can definitely afford it on 35k. It's just annoying for me to pay so much for rent instead of saving.

The problem is if the houses have shared bathrooms or kitchen , i am sure it would be inconvenient... finding an apartment worth 800 should be fair i guess? ... do you guys advice sharing apartments, is it usually problematic? as i would like to spend my whole afternoon peacefully

The_Conductor

RedX wrote: »

The problem is if the houses have shared bathrooms or kitchen , i am sure it would be inconvenient... finding an apartment worth 800 should be fair i guess? ... do you guys advice sharing apartments, is it usually problematic? as i would like to spend my whole afternoon peacefully

If you intend on spending peaceful afternoons in the apartment- I suggest getting your own apartment. A share could work out wonderfully- or it could be a nightmare- you just don't know. If you're renting on your own- you get to do what you want to do, when you want to do it- and don't have to meld yourself to other people's plans.

Mrs OBumble

likeyouI wrote: »

I find it very strange that so much is taken out of wages for the pension, nearly 300 a month, TBH I'd rather the extra money for my 45 years of working, build savings and worry about a pension then, you still get 220 a week on a pension without contributions. Does not annoy you so much is taken out?

That' 220/week is the "oldness benefit" which everyone gets.

The levy that is being discussed here relates to the occupational pension that public servants get, which is on top of that for many people. It is indexed to the pay-rate of their positions while they were working, and is more generous than the pension options available to non-public sector workers for many people. This is why there is a levy.

You will only need to pay it if you are working in the public sector. And if you are temporary and starting now (ie not before 200-something) you will get it back when you leave, unless you move on to another Irish government job.

From your home country, you would be well advised to take out a one year travel insurance policy that allows you to work while travelling. This will cover your health and property risks while you are here for the year.

Re house sharing, most shares work out well, and it can be a handy way to get to know people in the country, or at least have people you can talk to. (Remember you are likely to have no friends here when you first arrive.) Yes, there can be cases which don't work out, but mostly it will if you are considerate.