Cost of living adjustment (COLA) 2027
The 2027 cost of living adjustment is announced at €6.41 per week, up from €4.66 per week in 2026.
€6.41 per week
Speech printed p. 16 · PDF p. 20
Budget measure
Working people who start fostering get 10 extra working days of leave, paid for by the government.
Amount
10 working days
Previous
No direct comparator
Effective from
Awaiting guidance
Equivalent to paternity leave, to allow bonding time.
Affects: Families & children, Employees.
The 2027 cost of living adjustment is announced at €6.41 per week, up from €4.66 per week in 2026.
€6.41 per week
Speech printed p. 16 · PDF p. 20
The national minimum wage rises by €10.41 per week in 2027. This figure already includes the €6.41 COLA.
€10.41 per week (including COLA)
Speech printed p. 18 · PDF p. 22
The additional COLA mechanism runs again, paying €200 to €1,500 a year depending on disposable income and household size. Over 100,000 households are expected to benefit.
€200 to €1,500 per year
Speech printed p. 22 · PDF p. 26