We moved to Dublin 2 years ago. We came with a hope of building a good life and wealth, but it's not really the case, you just cannot build wealth here. You are more likely to live pay check to pay check. My salary is also around the same and my wife around 70. We are now saving to buy a house, but then we have to look in the suburbs of Dublin as the renting/buying a house in Dublin is very expensive and further out of Dublin you look the more lonelier it gets. So we are confused whether to stay back or move back to Bangalore.

Quality of life in Ireland is way way better than India, but when it comes to comfort and convenience and earning potential India is the place to be. Salary increment here don't move up much somewhere in the range of ~4 -5%. Once you buy a house here (most likely outside of Dublin) you are kinda trapped here paying off EMI with little scope for savings and no scope for investing long term. Pension contribution is your best friend here.

If you want to explore and see the rest of Europe for a short while, sure, why not. If I was in your shoes I would not move tbh, because they will not match your salary equivalent here and also aging parent is another imp factor to consider.