Pay data, country by country
CostCompare
East Asia & Pacific · Tokyo

Cost of living in Japan

69.0 with the United States at 100

Prices in Japan are 31% cheaper than the United States, and it ranks 57th of 204 countries by price level (dearest first). Figures are for 2025.

Against New Zealand it is 22% cheaper.

Two agencies agree. For 2024, the World Bank's figure works out at 65.7 and Eurostat's at 66.8 — a gap of 1.2 points. Two independent programmes landing within 5 points is the strongest evidence available that the level is right.

Compared with its region

Japan against the East Asia & Pacific countries closest to it on price level.

SOURCE·World Bank — International Comparison Program·PPP conversion factor for household final consumption, and the official market exchange rate. CC BY 4.0.·REVIEWED AUG 2026

What is dear and what is cheap

Eurostat prices 1 spending categories separately for Japan (2024), again with the United States at 100. This is where a national average stops being one number: a country can be cheap to eat in and expensive to drive in.

SOURCE·Eurostat — purchasing power parities (prc_ppp_ind)·Price level indices by consumption category, published on an EU27=100 basis and rebased here to US=100. CC BY 4.0.·REVIEWED AUG 2026

What this figure is, and is not

  • It is an index, not a price. 69.0 means the general level of consumer prices, with the US at 100. It is not a shopping bill and this site never quotes one.
  • It is national, not city. Tokyo is almost certainly dearer than this. National averages cannot answer a city question.
  • It is not your budget. What you actually spend depends on rent, transport and habits far more than on the national average.

Compare Japan with another country

Every pairing below is a page of its own, with the category detail side by side. Nearest on price level first.

How the price level is worked out

  1. The World Bank publishes a purchasing power parity for household consumption — how much local currency buys the same basket as one US dollar — and the official market exchange rate for the same year.
  2. The price level is simply PPP ÷ exchange rate × 100. If a basket needs 1.50 New Zealand dollars per US dollar of purchasing power but the market hands you 1.65 New Zealand dollars for that dollar, New Zealand's prices sit at 1.50 ÷ 1.65 = 91% of the US level.
  3. Nothing is modelled, smoothed or estimated. You can reproduce every number on this site from two public figures.
  4. Where Eurostat also publishes a price level for the same country and year, the two are compared and the gap is printed — including when they disagree.

Full methodology →

SOURCE·World Bank — International Comparison Program·PPP conversion factor for household final consumption, and the official market exchange rate. CC BY 4.0.·REVIEWED AUG 2026

SOURCE·World Bank ICP PPPs + Eurostat price level indices·price levels derived as PPP ÷ exchange rate, see method·REVIEWED AUG 2026

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Published by

Amit Sharma

Auckland real-estate agent and marketer. Builds free, sourced data tools.