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Tokyo is still very expensive relative to Japanese incomes. Is it more expensive than SF on an adjusted basis? Hard to say, but it’s not as clear as you’re asse
by irq11 8y ago
Tokyo is still very expensive relative to Japanese incomes. Is it more expensive than SF on an adjusted basis? Hard to say, but it’s not as clear as you’re asserting.
If anything, magacities like Tokyo and London show us that you can build like crazy, and still end up a very expensive place to live.
- nerfhammer 8y agohere's a thorough cost comparison breakdown: https://www.numbeo.com/cost-of-living/in/Tokyo https://www.numbeo.com/cost-of-living/in/Tokyo rent in particular is drastically less expensive
- irq11 8y agoAgain: you can’t just compare rent values without adjusting for income. Japanese people aren’t earning San Francisco salaries. The number you want there is the the one that says Tokyo is 10% cheaper than NYC. That’s the adjusted number. Say what you will about rent, but “10% cheaper than New York” is nobody’s definition of cheap.
- nerfhammer 8y agothe tool has all that in it according to it, salaries in SF are ~66% higher than Tokyo and rents are ~300% higher.