Wednesday, 26th February, 2025

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Rising material costs impacting local construction industry

OceanFM Ireland -
Rising material costs impacting local construction industry

Rising material costs continue to impact the construction industry in the north west region.

 

A new survey has found that Dublin is now the fourth most expensive city in Europe to build and among the top 25 most expensive places to build globally.

 

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The report, from American firm Turner and Townsend shows that average costs in Dublin stood at $3,775 per metre squared while labour costs an average of $68.60 per hour.

 

Ballymote-Tubbercurry Fianna Fáil Councillor Paul Taylor says while the figures seen in Dublin are not surprising, similar costs can be found locally.