Dublin has been named the 9th most expensive city in Europe for expatriates.
Globally, the Irish capital has risen six places - to 38th most expensive city in the world - due to high inflation, according to research from ECA International.
It compares a basket of like-for-like consumer goods and services commonly purchased in over 500 locations worldwide - such as coffee, sugar and eggs.
Geneva in Switzerland remains the most expensive location in Europe, and the third most expensive in the world for expatriates.
Source: ECA InternationalTwo-thirds of Eurozone cities have risen in the cost of living ranking, with French and Scandinavian cities immune from the upward trend.
London has also retained its title as the fourth most expensive location in the world for expatriates.
Martin Harte, CEO of the Temple Bar Company, told The Hard Shoulder there is good value out there.
"Capital cities tend to be more expensive, no matter where you go or what you do," he said.
"I'm not going to say Dublin can't be expensive, but what I do think you can find is value for money if you look.
"The type of things we never use when we come into these arguments, and I'm obsessed with, is particularly the kind of cultural offering that we have.
"You can go to the Natural History Museum in Dublin 2, it's the grand price of free.
"You go to the National History Museum, which I did with my kids, in London and its £22 each.
"Dublin does offer huge - and I think it's often under-valued and under-sung - the value and the variety of cultural offerings.
"[These] are expensive in other cities and are completely free here".
'Ibiza on the Liffey'
Mr Harte said food and drink price increases are not surprising.
"They've gone up across Europe and in Ireland... cost of labour has gone up, cost of energy's gone up, everything that's going to be reflected in prices," he said.
"I'm not trying to defend that, I'm just saying that's something that's happened across the board.
"There's still huge value... from the various markets in Temple Bar across to the markets in Moore Street, you can pick up huge value and bargains in terms of street food.
"I think it's all about looking and getting away from the main tourist drags.
"There is value to be found: yes Dublin is expensive, capital cities are expensive, but we don't want to be cheap.
"I remember the '90s when Dublin was an absolute Ibiza on the Liffey... we don't want go back to that.
"Government policy, health, everything - we're moving away from that.
"We don't want to be a cheap destination; it does cost a little bit more money to do things a little better but there are a huge amount of value added [options]," he added.
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