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Japan, Tokyo

Overview

Japan, TokyoCountry Full Name: Japan.

Location: Japan is an island chain between the North Pacific Ocean and the Sea of Japan, east of the Korean Peninsula.

Country Climate: Varies from tropical in south to cool temperate in north.

Country Terrain: Mostly rugged and mountainous.

Major Languages: Japanese.

Major Religions: Shintoism, Buddhism.

Population: 127.7 million (2008 est.) 127.6 million (2009 est.).

Country Economy: The economy of Japan is the second largest in the world, after the United States at around $5 trillion USD in terms of nominal GDP and third after the United States and China when adjusted for purchasing power parity. Banking, insurance, real estate, retailing, transportation, telecommunications and construction are all major industries. Japan has a large industrial capacity and is home to some of the largest, leading and most technologically advanced producers of motor vehicles, electronic equipment, machine tools, steel and nonferrous metals, ships, chemicals, textiles and processed foods. The service sector accounts for three quarters of the gross domestic product.

Currency: Japanese Yen (JPY).

Inflation: 0.0% (2011 est.).

City: Tokyo is the seat of the Japanese government.

City Economy: Tokyo is one of the three world finance command centers, along with New York and London. Tokyo has the largest metropolitan economy in the world. Tokyo is a major international finance center, houses the headquarters of several of the world's largest investment banks and insurance companies, and serves as a hub for Japan's transportation, publishing, and broadcasting industries.


Cost Of Living

The cost of living in Tokyo in Japan is very high compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Tokyo in Japan is currently ranked 1 overall out of 950 places (rank 1 is most expensive: rank 950 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are high compared to other places for items such as alcoholic beverages, alcohol at a bar, beer, locally produced spirit, whiskey, and wine (where alcohol is legally sold) as well as for tobacco products such as cigarettes. There are 294 places that are more expensive, and 655 places that are less expensive for alcohol and or tobacco.

Clothing costs are very high compared to other places for items such as clothing and footwear products, business suits, casual clothing, childrens clothing and footwear, coats and hats, evening wear, shoe repairs, and underwear. There are 72 places that are more expensive, and 877 places that are less expensive for clothing.

Communication costs are very high compared to other places for various communication costs such as home telephone rental and call charges, internet connection and service provider fees, mobile / cellular phone contract, data, and calls. There are 120 places that are more expensive, and 829 places that are less expensive for communication.

Education costs are low compared to other places for items such as creche / pre-school fees, high school / college fees, primary school fees, and tertiary study fees. There are 695 places that are more expensive, and 254 places that are less expensive for education.

Furniture & Appliance costs are very high compared to other places for items such as furniture, household equipment and appliances, DVD player, fridge freezer, iron, kettle, toaster, microwave, light bulbs, television, vacuum cleaner, and washing machine. There are 34 places that are more expensive, and 915 places that are less expensive for furniture and appliances.

Grocery costs are very high compared to other places for items such as food, non-alcoholic beverages and cleaning material items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs . There are 0 places that are more expensive, and 949 places that are less expensive for groceries.

Healthcare costs are very high compared to other places for general healthcare, medical and medical insurance, general practitioner consultation rates, hospital private ward daily rate, non-prescription medicine, and private medical insurance / medical aid contributions. There are 0 places that are more expensive, and 949 places that are less expensive for healthcare.

Household Accommodation costs are very high compared to other places for items such as housing, water, electricity, household gas, household fuels, local rates and residential taxes, mortgage, house / flat rental, household electricity consumption, household gas / fuel consumption, household water consumption, and local property rates / taxes / levies. There are 1 places that are more expensive, and 948 places that are less expensive for household accommodation.

Miscellaneous costs are very high compared to other places for items such as stationery, linen, general goods and services, domestic help, dry cleaning, linen, office supplies, newspapers and magazines, and postage stamps. There are 40 places that are more expensive, and 909 places that are less expensive for miscellaneous items.

Personal Care costs are very high compared to other places for items such as personal care products and services, cosmetics, hair care, moisturizer / sun block, nappies, pain relief tablets, toilet paper, toothpaste, and soap / shampoo / conditioner. There are 148 places that are more expensive, and 801 places that are less expensive for personal care.

Recreation and Culture costs are very high compared to other places for items such as books, camera film, cinema tickets, DVDs and CDs, sports goods, and theatre tickets. There are 103 places that are more expensive, and 846 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are very high compared to other places for items such as a business dinner, dinner at a restaurant (non fast food), hotel rates, take away drinks and snacks (fast food). There are 53 places that are more expensive, and 896 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very high compared to other places for items such as public transport, vehicle costs, vehicle fuel, vehicle insurance and vehicle maintenance, hire purchase / lease of vehicle, petrol / diesel, public transport service maintenance, tires, vehicle Insurance, and vehicle purchase. There are 30 places that are more expensive, and 919 places that are less expensive for transport.

Personalized cost of living indexes for Tokyo in Japan are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Tokyo in Japan is ranked as some hardship with a hardship index of 20%.

Personalized hardship index premiums for Tokyo in Japan are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is at at 1 January 2012. Create a personalized cost of living comparison report using the calculators:
Salary Purchasing Power Parity Calculator
Cost of Living Index Calculator
Cost of Living Allowance Calculator

 

 

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