Cork Market Data

Explore compensation benchmarks, tax liabilities, and cost of living adjustments for professionals in Cork.

About Cork

Pharma and medtech heavyweights make Cork a high-paying yet livable Irish market.

Cork represents a growing economic centerin Ireland, attracting professionals from around the world. The city's strategic location, business-friendly environment, and quality of life make it an attractive destination for career growth and wealth accumulation.

Key Market Indicators

Cost of Living

Index score (100 = global average)

Rent Index

Housing cost indicator

Median Income

€45,500

Estimated professional median

Tax System in Ireland

Ireland uses a PAYE system with two primary tax bands. The Universal Social Charge and PRSI are additional levies on income.

Example Calculation

For a professional earning €45,500 annually in Cork:

Gross Income

€45,500

Net Income

€41,553

Tax Rate

8.7%

Monthly Take-Home

€3,463

Popular Salary Benchmarks

Explore compensation data for key roles in Cork

View All

AI Engineer

€180,000

Estimated base salary

Machine Learning Researcher

€190,000

Estimated base salary

Product Manager

Tech

€135,000

Estimated base salary

Fintech Product Manager

Tech

€150,000

Estimated base salary

Data Engineering Manager

Tech

€155,000

Estimated base salary

Data Scientist

Tech

€125,000

Estimated base salary

Solutions Architect

Tech

€145,000

Estimated base salary

Blockchain Architect

Tech

€160,000

Estimated base salary

DevOps Engineer

Tech

€130,000

Estimated base salary

Site Reliability Engineer

Tech

€140,000

Estimated base salary

Cybersecurity Director

Tech

€185,000

Estimated base salary

UX Designer

Tech

€105,000

Estimated base salary

Investment Banker

Finance

€150,000

Estimated base salary

Private Equity Associate

Finance

€170,000

Estimated base salary

Hedge Fund Analyst

Finance

€160,000

Estimated base salary

Portfolio Manager

Finance

€200,000

Estimated base salary

Quantitative Researcher

Finance

€210,000

Estimated base salary

Venture Capital Partner

Finance

€220,000

Estimated base salary

Wealth Manager

Finance

€140,000

Estimated base salary

Chief Financial Officer

Executive

€250,000

Estimated base salary

Compare with Similar Markets

Manchester

A major media and digital hub in the North, offering a competitive salary-to-living-cost ratio.

Edinburgh

Asset management and fintech talent cluster with enviable lifestyle metrics.

Birmingham

Advanced manufacturing and legal services drive steady professional salaries.

Hamburg

Logistics, publishing, and renewable energy employers sustain competitive wages.

Lyon

Biotech and advanced manufacturing anchor strong salaries with lower living costs than Paris.

Rotterdam

Europe’s busiest port drives logistics, energy transition, and maritime engineering roles.

Frequently Asked Questions

What is the cost of living in Cork?↓

Cork has a cost of living index of 62 and a rent index of 64, making it a moderately priced city. Housing costs are manageable relative to other major cities.

How does the tax system work in Ireland?↓

Ireland uses a PAYE system with two primary tax bands. The Universal Social Charge and PRSI are additional levies on income.

What is a good salary in Cork?↓

For professionals in Cork, we estimate the median income at approximately €45,500. A salary above this level provides comfortable living standards, while salaries significantly below may require careful budgeting, especially for housing in central areas.

What industries are strongest in Cork?↓

Cork is a growing economic center with strong presence across multiple sectors. The city's diverse economy attracts professionals from various industries, with particularly strong opportunities in finance, technology, and professional services.