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Key Facts: Ireland vs Finland Wages

Ireland Minimum Wage
€14.15/hr ($16.48 USD)
Finland Minimum Wage
No statutory minimum wage
Ireland Avg. Gross Monthly Salary
€4,350 /mo ($5,065.80 USD)
Finland Avg. Gross Monthly Salary
€3,900 /mo ($4,541.75 USD)
Data Sources
Workplace Relations Commission (WRC) (2026-03-02), Ministry of Economic Affairs and Employment (Työ- ja elinkeinoministeriö) (2026-02-24)

Ireland flag Ireland Finland flag Finland

Updated 2026-03-02

Ireland flag Ireland

Minimum Wage

€14.15 /hr

$16.48 USD

Avg. Gross Salary

€4,350 /mo

Finland flag Finland

No statutory minimum wage

Avg. Gross Salary

€3,900 /mo

Avg. salary: +12% Ireland vs Finland

Unlike Finland, which has no statutory minimum wage, Ireland mandates a wage floor of $16/hr. Average salaries are higher in Ireland at $5,066/mo compared to $4,542/mo in Finland. GDP per capita (PPP) in Ireland is 2.0x that of Finland, underscoring the structural economic divide.

Ireland has higher GDP per capita ($133,437 vs $65,378). Ireland's unemployment rate is 4.6% compared to Finland's 9.5%.

Detailed Comparison

Detailed wage comparison between Ireland and Finland
Metric Ireland Finland
Minimum wage /hr €14.15 $16.48 None
Minimum wage /mo €2,452.62 $2,856.20 None
Minimum wage /yr €29,432 $34,275.07 None
Avg. gross salary /mo €4,350 /mo $5,065.80 €3,900 /mo $4,541.75
Avg. net salary /mo €3,100 /mo $3,610.11 €2,700 /mo $3,144.29
Median individual income /yr €40,000 /yr $46,582.04 €35,000 /yr $40,759.29

Percentage differences are based on USD equivalent values. Positive means Ireland is higher.

Work Week

Ireland

39 hrs/wk standard

Max 48 hrs/wk

There is no single statutory standard workweek; 39 hours is the most common. The Organisation of Working Time Act 1997 limits average weekly hours to 48 over a 4-month reference period. There is no statutory overtime rate; overtime pay is determined by employment contract or collective agreement.

Finland

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours (Working Hours Act / Työaikalaki). Regular daily working hours are 8 hours. Overtime for the first 2 hours is compensated at 150% and subsequent hours at 200%. Maximum overtime is 250 hours per calendar year. EU Working Time Directive limits average to 48 hrs/week.

What This Means for Workers

Standard work weeks differ: Ireland mandates 39 hours while Finland mandates 40 hours.

See this comparison from Finland's perspective: Finland vs Ireland

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Frequently Asked Questions

Is the minimum wage higher in Ireland or Finland?

In Ireland, the minimum wage is €14.15/hr ($16.48 USD). In Finland, it is no statutory minimum wage.

How much more does the average worker earn in Ireland compared to Finland?

The average gross salary in Ireland is €4,350/mo ($5,065.80 USD), compared to €3,900/mo ($4,541.75 USD) in Finland. In USD terms, workers in Ireland earn approximately 12% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Ireland and Finland is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Ireland earn more in nominal terms, though how far that income stretches depends on local prices in Finland.

How do work hours compare between Ireland and Finland?

Finland has a longer standard work week at 40 hours, compared to 39 hours in Ireland. Workers in Ireland work 39 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Ireland working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.

What is the cost of living difference between Ireland and Finland?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Ireland has the higher GDP per capita at $133,437, which is 2.0x that of Finland at $65,378. From Ireland's perspective, this means goods and services are priced at a higher economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.