Counting the eye-watering cost of being single (opens original article in a new tab)

A report highlights the financial challenges faced by single people in Ireland, including higher housing costs, tax disadvantages, and other expenses, leading to an estimated €1 million in additional costs over 30 years.

• Bishop Denis Nulty called for tax incentives to increase marriage rates in Ireland due to a 10% decline over the last decade.
• Single-person households in Ireland face significant financial disadvantages, including higher housing costs, rental tax credits, and mortgage burdens compared to couples.
• The annual additional cost for a single person compared to a couple is €37,777, totaling over €1 million over 30 years.