Budget 2027 | COLA for 2027 will be €6.41

National minimum wage set to rise by €10.41 per week

The standard Cost of Living Adjustment (COLA) announced in Budget 2027 is €6.41 per week. 

Finance Minister Clyde Caruana announced the COLA during his budget speech, where he noted that without state energy subsidies, the required COLA payment for employers would have escalated to €18.05 per week.

Meanwhile, the increase in the national minimum wage for 2027, set at €10.41 per week includes this COLA.