Prices in Japan Today (in 2026)

Japan Has Become More Affordable

Today, Japan feels much cheaper for many foreign visitors than before. In the past, Tokyo was known as one of the most expensive cities in the world. This was especially true during the late 1980s and early 1990s, when Japan had its bubble economy and the Japanese yen became very strong.

At that time, many Japanese travelers felt that overseas countries were cheaper than Japan. However, Japan’s bubble economy collapsed. After that, Japan went through a long period of slow economic growth. Then, after the COVID-19 pandemic from 2020 to 2023, the Japanese yen became much weaker. Because of this, many foreign visitors now feel that Japan is affordable. I think it has become easier for people from overseas to visit Japan.

What I Experienced in the United States

Personally, I visited the United States in 2024, 2025, and 2026 after the pandemic ended. I traveled to large cities such as New York and San Francisco. During those trips, I strongly felt how much prices in the United States had increased.

Of course, the weak Japanese yen is one reason. However, even without the exchange rate, I still felt that prices in the United States had risen dramatically after the pandemic.

Below is a simple comparison based on what I personally experienced.

ItemTokyoLarge US Cities
(US$1 = 150 yen)
My Impression
Restaurant lunch1,000–1,800 yen2,500–4,500 yenAbout 2–3 times higher in the US
Restaurant dinner2,000–4,000 yen5,000–8,000 yenAbout 2–3 times higher in the US
Hotel10,000–30,000 yen20,000–50,000 yenAbout 2 times higher in the US
Juice150–250 yen400–700 yenAbout 2–3 times higher in the US
Coffee350–600 yen600–1,200 yenAbout 1.5–2 times higher in the US
Train fare180–300 yen400–700 yenAbout 2–3 times higher in the US
TaxiAround 500 yen starting fareOver 1,000–1,500 yen starting fareAbout 2–3 times higher in the US
Gasoline160 yen/liter230 yen/literAbout 1.5 times higher in the US

Prices in America Felt Much Higher

Overall, I felt that prices in the United States were around two to three times higher than in Japan. Gasoline prices surprised me the most. In the past, I remember that gasoline in America was much cheaper than in Japan. Large SUVs were everywhere, and cheap gas felt like part of American life. Today, that feeling has changed a lot.

Prices differ by region, but sometimes gasoline in America now feels more expensive than in Japan. I have traveled to the United States for more than 30 years. Even so, I was still surprised by how much prices increased after the pandemic. Personally, I felt that the total cost of travel, including hotels and meals, had almost doubled.

Income Levels and Prices

While writing this article, I started thinking about another reason for these high prices. I think income levels may also play an important role. Of course, salaries differ depending on region and job type. However, average income in the United States is much higher than in Japan.

CountryAverage Annual IncomeApproximate Amount in Japanese Yen (US$1 = 150 yen)
United StatesUS$73,000–77,000About 11–12 million yen
JapanAbout 4.8–6.2 million yen

When I look at these numbers, I can understand why prices in America are much higher. At the same time, whenever I return to Japan from the United States, I strongly feel that Japan is still affordable. This is especially true for food. Japan has very high food quality.

Returning to Japan

At the same time, I can still enjoy delicious meals at reasonable prices. Of course, I am Japanese and I like Japanese food. However, even if I consider that, I still feel that Japan offers excellent value.

Today, I think Japan has become one of the easiest countries for foreign visitors to enjoy. I hope many people will take this opportunity to visit Japan and enjoy its food, culture, and cities.

Originally published on May 29 2026

Contact

    目次