Three in five under-25s considering emigration
New research published today (10.09.24) by the National Youth Council of Ireland (NYCI) reveals the severe impact of the cost-of-living crisis on young people, with rent and accommodation emerging as the single greatest financial challenge.
Polling, conducted by RED C on behalf of NYCI, shows that over four in five (82%) young people aged 18–24 feel negatively impacted by rising costs. Three in five under-25s are considering emigration, with almost one in three strongly considering leaving Ireland to seek a better quality of life abroad.
Kathryn Walsh, Director of Policy and Advocacy at NYCI, said:
“This isn’t just about hardship – it’s about young people feeling like Ireland is no longer a place where they can build a future. We need Budget 2026 to be a turning point.”
Housing crisis: the breaking point
The poll highlights the depth of the housing challenge for young people. 84% of respondents agree the housing crisis disproportionately affects them, an increase from 82% in 2024. Among full-time students, 94% cite rent and accommodation as a major financial burden.
This supports NYCI’s call for dedicated funding for a successor Youth Homelessness Strategy from January 2026, as youth homelessness has surged by 30% since the current strategy was launched.
Financial pressures across the board
Beyond housing, the research shows that young people under 25 point to education fees (60%), the cost of groceries and daily essentials (47%), and healthcare (26%) as their most pressing financial challenges.
The polling also reveals that:
- 70% of the public across all age groups agree that young people are disproportionately affected by rising costs.
- 79% disagree that the Government is doing enough to support them.
- Only 13% believe youth needs are being adequately addressed.
Ms Walsh added:
“Young people are facing financial pressures across the board. We must stop penalising them for their age. Equalising welfare rates and abolishing sub-minimum wages are not just economic measures – they are statements of fairness.”
A generation at risk of leaving
The emotional toll is clear, according to the NYCI. 81% of young people say they are fearful for the future, and two-thirds believe they would enjoy a better quality of life outside Ireland. “These figures reflect a growing sense of disillusionment and urgency,” said Ms Walsh.
“We cannot assume that all young people have family support to fall back on. Marginalised groups – Travellers, migrants, disabled youth, LGBTQIA+ young people, and those in disadvantaged communities – are especially vulnerable. They need targeted supports, not assumptions.”
A call to action: NYCI Pre-Budget Submission 2026
Published alongside the new polling, NYCI’s Youth Issues Pre-Budget Submission for 2026 sets out the organisation’s response to the challenges revealed by the research. The submission calls for measures to “address youth cost-of-living pressures and restore hope for young people”, including:
- Equalising Jobseeker’s Allowance for under-25s
- Abolishing sub-minimum wage rates for young workers
- Ringfencing dedicated funding for a successor Youth Homelessness Strategy starting January 2026
- Funding youth mental health services through the HSE Action Plan
- Permanently reducing third-level fees and abolishing apprentice contributions
- Introducing free public transport for under-25s
“As Ireland faces into potentially uncertain economic times, it is more critical than ever to support young people. They are navigating rising costs in housing, education, and daily essentials, while also confronting a future that feels increasingly out of reach. NYCI’s pre budget submission urges the Government to recognise that income adequacy and cost-of-living supports are essential, especially for those furthest from opportunity. If we fail to act now, we risk losing a generation of talent and resilience to emigration and exclusion. Budget 2026 must be a commitment to their future,” concluded Ms Walsh.