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What salary do you need to buy a house in Ireland?

About €88,875 a year. The median home sold for €395,000 in the twelve months to 2026 May, and a first-time buyer borrowing 90% of that needs €355,500 — which has to sit inside the Central Bank's 4× gross income limit. You also need €39,500 in cash for the 10% deposit. In Dublin, where the median is €500,000, it takes roughly €112,500.

Median home, Ireland €395,000 51,224 sales in 12 months
Gross income needed €88,875 86th percentile of earners
Deposit needed €39,500 10% of price

That income sits at about the 86th percentile of Irish earners — so buying at the median price on a single salary asks for well above a median wage. Check where your own income ranks.

What you need, county by county

Median price is the CSO figure for the twelve months to 2026 May. Income needed is for a first-time buyer at 4× gross with a 10% deposit, and can be met by two salaries combined. The last column is the price-to-earnings ratio: median price divided by median full-time earnings in that county, where the CSO publishes one.

County / area Median price Deposit Income needed Percentile Price ÷ earnings
Dún Laoghaire-Rathdown €687,500 €68,750 €154,688 97th
Dublin €500,000 €50,000 €112,500 93rd 9.3×
South Dublin €483,326 €48,333 €108,748 92nd
Dublin City €482,000 €48,200 €108,450 92nd
Fingal €480,500 €48,050 €108,113 92nd
Wicklow €470,000 €47,000 €105,750 92nd 9.3×
Kildare €443,750 €44,375 €99,844 90th 8.4×
Meath €425,000 €42,500 €95,625 89th 8.4×
Galway City €412,500 €41,250 €92,813 88th
Cork County €398,875 €39,888 €89,747 86th
Louth €369,888 €36,989 €83,225 84th
Galway County €368,124 €36,812 €82,828 84th
Laois €362,750 €36,275 €81,619 83rd
Limerick County €355,500 €35,550 €79,988 83rd
Waterford County €345,664 €34,566 €77,774 82nd
Cork City €345,375 €34,538 €77,709 82nd
Kilkenny €341,557 €34,156 €76,850 81st
Westmeath €326,250 €32,625 €73,406 80th
Wexford €319,000 €31,900 €71,775 79th
Waterford City €310,544 €31,054 €69,872 78th
Clare €307,750 €30,775 €69,244 77th
Kerry €298,000 €29,800 €67,050 76th
Limerick City €291,750 €29,175 €65,644 75th
Carlow €287,000 €28,700 €64,575 74th
Offaly €286,000 €28,600 €64,350 74th
Sligo €279,265 €27,927 €62,835 73rd
Tipperary €275,250 €27,525 €61,931 72nd
Monaghan €273,750 €27,375 €61,594 72nd 6.6×
Cavan €263,500 €26,350 €59,288 71st
Mayo €240,000 €24,000 €54,000 65th
Leitrim €226,750 €22,675 €51,019 62nd
Roscommon €224,250 €22,425 €50,456 62nd
Donegal €218,500 €21,850 €49,163 60th 5.4×

Median of the 12 monthly medians for 2025 June to 2026 May. A 12-month window is used because single-month county medians are volatile where transaction counts are low (spread across the year reaches 47% in Leitrim, 44% in Monaghan). Dublin, Cork, Galway, Limerick and Waterford are split by the CSO into city and county areas, which is why they appear more than once; a county earnings figure is only shown where the CSO publishes one for that area.

Work it out for your own income

Add a second applicant to see the joint figure, or switch to mover rates at 3.5×.

Who's buying?

You could borrow up to

€356,000

at 4× combined income

Minimum deposit (10%)€39,556
Property price you could reach€395,556

A guide based on Central Bank limits. Lenders also test affordability against your outgoings, so your actual offer may be lower.

Central Bank rules: first-time buyers up to 4× income; movers 3.5×; 10% deposit. Limited exemptions apply.

Related

Buying a house on an Irish salary — common questions

What salary do you need to buy a house in Ireland?
On the national median price of €395,000, a first-time buyer needs roughly €88,875 of gross income and a €39,500 deposit. That follows from the Central Bank limits: you can borrow up to 4 times gross income and must fund at least 10% of the price yourself. In Dublin, where the median is €500,000, the same sums need about €112,500.
Is that a single salary or a couple’s combined income?
It is total gross income on the application, so a couple can combine two salaries to reach it. Two people each earning €44,438 clear the national median on the same rules that need one person on €88,875.
How much deposit do I need?
At least 10% of the purchase price for a first-time buyer — €39,500 on the national median, €50,000 in Dublin. Help to Buy can cover part of this for new builds. Note the deposit is separate from the loan-to-income test: you must satisfy both.
Can I borrow more than 4 times my income?
Sometimes. Lenders may write a limited share of their mortgages above the standard limits each year, but these exemptions are rationed and never guaranteed. Second and subsequent buyers are held to 3.5 times income rather than 4. Every lender also stress-tests whether the repayment actually fits your budget, so the limit is a ceiling, not an entitlement.
Why is the required income higher than the price divided by four?
Because the loan-to-income limit applies to the loan, not the price. On a €395,000 home you borrow 90% of it — €355,500 — and that is what must stay within 4 times income. Your deposit covers the rest.