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New survey shows cost of livin...

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New survey shows cost of living has become our biggest worry

Jonathan Duane
Jonathan Duane

09:59 19 Sep 2022


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The cost of living crisis is the biggest worry among 18 to 59-year-olds. 

A new survey from Bank of Ireland has revealed our biggest worries.

The Savings and Investment Index shows the cost of living crisis is now the biggest worry amongst the Irish public.

28% of 18 to 29-year-olds and 32% of 30 to 59-year-olds see it as their biggest challenge.

For those over the age of 60, the ongoing war in Ukraine is still their biggest worry.

Younger people believe the cost of rent and housing is still a top priority for them.

26% of 18 to 29-year-olds see renting or buying a house as their biggest worry.

The percentage of people worried about Covid continues to decline, with just 3 per cent seeing it as a priority now.

Things like climate change (16%) and a global recession (14%) have surpassed Covid.

Bank of Ireland has also revealed that people are saving less compared to during the pandemic.

Those surveyed are saving less money than before due to inflation and the pinch on their pocket.


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Bank Of Ireland Cost Of Living Inflation Survey