Figures from its 2025 Year in Numbers show that by the third quarter of the year, average weekly earnings reached €1,003.81.
That was a major jump compared with a decade earlier as in the same period in 2015, average weekly pay was just under €693, an increase of almost 45pc. Weekly pay statistics have been tracked since 2008.
Pay growth was not limited to any one part of the economy, average hourly earnings increased across all 13 economic sectors over the decade.
The highest-paid workers in 2025 were found in the Information and Communication sector, followed by Financial, Insurance and Real Estate. These were also the top-paying sectors ten years earlier.
The biggest pay rise over the decade was seen in Information and Communication where weekly earnings rose by more than €627, reaching almost €1,700.
Average weekly pay was just under €693 in 2015. (Alamy/PA)
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At the other end of the scale, Transportation and Storage saw the smallest increase, with pay rising by just under €184 over ten years.
While wages increased, so did the cost of living during the year inflation rose steadily through 2025, driven mainly by food and energy prices.
Ireland’s Consumer Price Index stood at 1.9pc in January 2025, it stayed close to 2pc for much of the year before rising sharply in the autumn.
Inflation reached 2.7pc in September and peaked at 3.2pc in November.
Food prices rose by almost 4pc between January and November and energy prices increased by 2.6pc.
The impact of higher prices was clear in everyday shopping, by November 2025, the price of a kilo of sirloin steak was more than €5 higher than a year earlier.
Dairy products also cost more, Irish cheddar cheese rose by over 60 cent, butter was up by more than 50 cent and full-fat milk also increased in price.
However not all items became more expensive as the price of a 2.5kg bag of potatoes fell slightly compared with November 2024.
House prices continued to rise steadily across last year with prices being almost 24pc above their peak during the property boom in 2007.
The median price of a home bought in the year to October was €381,000, up from €350,000 a year earlier.
Dublin remained the most expensive place to buy a home with the median price there reaching €495,000 in October.
Within the capital, Dún Laoghaire-Rathdown was the costliest area, with a median price of €675,000.
Outside Dublin, Wicklow recorded the highest prices, with homes selling for just over €450,000.
Housing supply also increased during the year, in the first three quarters of 2025, more than 24,000 new homes were completed.
That was a 13pc rise compared with the same period in 2024, Dublin and the Mid-East accounted for more than half of all completions.
Despite rising prices, households continued to save, by the third quarter of 2025, households were saving almost 15pc of their disposable income.
That worked out at about €1 in every €7 earned, over the year to September households earned more than €185bn.
Almost €160bn was spent, while €25.5bn was saved, income grew slightly faster than spending, helped by higher employment and rising pay.