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Cost of Living and Inflation in Tokyo: What do you need to know?

two local experts
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Here's what two local experts had to say about prices and the cost of living in Tokyo.

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If someone were to move to Tokyo, the most important thing to know about would be hidden costs. Public transportation is extremely convenient, but the price can add up quickly. Move-in fees are also quite costly here, sometimes totaling up to 3 months rent. Taxis are quite affordable within the first kilometer or two, but after that they quickly become expensive.

Tokyo has been ranked one the most expensive cities in the world. Although this might be true, I have found that certain things are much more affordable here than their counterparts in other major cities like Chicago. For example, in the States I often found it difficult to spend less than 10 USD when eating out. In contrast, it is easy to find meals for under 1000 JPY (approximately 9.30 USD) anywhere in Tokyo.

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