In this paper we prove that for a fixed neat principal congruence subgroup of a Bianchi group the order of the torsion part of its second cohomology group with coefficients in an integral lattice associated to the m-th symmetric power of the standard representation of SL 2 (C) grows exponentially in m 2 . We give upper and lower bounds for the growth rate. Our result extends a a result of W. Müller and S. Marshall, who proved the corresponding statement for closed arithmetic 3-manifolds, to the finite-volume case. We also prove a limit multiplicity formula for twisted combinatorial Reidemeister torsion on higher dimensional hyperbolic manifolds.