Sovereign

Finance

Investment Banker Salary · London vs Dublin

Net pay, tax drag, and purchasing power modeled for 2025 offers. Built for relocating teams, expats, and comp committees.

Net pay

London

£84,750

42.2% effective rate

Net pay

Dublin

€114,938

33.4% effective rate

Annual delta

Spread

-€30,188

Dublin advantage

City

London

Europe’s leading financial center. Salaries typically include a "London weighting" to offset housing costs.

Median professional income

£48,500

Role modeled

Investment Banker

Gross base

£146,500

Net after tax

£84,750

Cost-of-living index

56

Rent index

56

City

Dublin

The Silicon Valley of Europe. Home to EMEA headquarters of Google, Meta, and Apple, driving high tech wages.

Median professional income

€57,000

Role modeled

Investment Banker

Gross base

€172,500

Net after tax

€114,938

Cost-of-living index

97

Rent index

68

Purchasing power

Net income vs lifestyle drag

London

£7,063

Housing£1,766
Essentials£1,059
Discretionary£1,766
Savings£2,472

Dublin

€9,578

Housing€2,395
Essentials€1,437
Discretionary€2,395
Savings€3,352

Cost-of-living deep dive

Flip into the COL template for this exact pair. See rent burdens, discretionary drift, and PPP commentary.

Open COL page

Remote benchmark

Need a borderless baseline? Run the remote analyzer across our tier-one city basket.

Remote comparison

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Frequently asked

Who wins for Investment Banker net pay: London or Dublin?+
Dublin keeps about €30,188 more after tax (33.4% effective rate) compared to London (42.2%).
How different are the cost-of-living profiles?+
London posts a cost-of-living index of 56 and rent index of 56. Dublin comes in at 97 / 68. The purchasing power gap tightens once you factor in rent and lifestyle drift.
What salary uplift offsets London's taxes?+
You would need roughly £52,183 in additional gross compensation to match the same take-home pay in Dublin.