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Pay Japanese salaries, get Japanese prices [0]. That $4 kombini bento feels like a $13 burrito or Cava bowl when on a Japanese salary. Japan only appears cheap
by alephnerd 10mo ago
Pay Japanese salaries, get Japanese prices [0]. That $4 kombini bento feels like a $13 burrito or Cava bowl when on a Japanese salary.
Japan only appears cheap if you earn in USD, GBP, and Euros. For most Japanese households, costs have risen higher than salaries [1][2] and they are now facing inflation due to tourist spending [7][8][9].
It also doesn't help that the median household income in Japan is around $25,000 [3] compared to $83,000 [4] in the US. Even Koreans (who used to be Japan's "Mexicans") now earn more in Korea than in Japan, which is a massive psychological shock in JP.
This is why you've starting seeing the rise of populist far right parties like 参政党 in Japan campaigning on an anti-tourist and anti-foreigner plank - it's overwhelmingly young Japanese (18-34) who are facing the brunt of tourism-induced inflation and a bad job market, and have as such shifted right [5][6]. And mainstream Japanese parties like the LDP have had to shift further right as a result.
[0] - https://www.nippon.com/ja/japan-topics/c14023/ https://www.nippon.com/ja/japan-topics/c14023/
[1] - https://privatebank.jpmorgan.com/apac/en/insights/markets-and-investing/asf/japan-leading-the-pack-but-behind-the-curve https://privatebank.jpmorgan.com/apac/en/insights/markets-an...
[2] - https://www.iima.or.jp/docs/newsletter/2025/nl2025.48.pdf https://www.iima.or.jp/docs/newsletter/2025/nl2025.48.pdf
[3] - https://newsdig.tbs.co.jp/articles/mro/2029703?display=1 https://newsdig.tbs.co.jp/articles/mro/2029703?display=1
[4] - https://www.census.gov/library/publications/2025/demo/p60-286.html https://www.census.gov/library/publications/2025/demo/p60-28...
[5] - https://asia.nikkei.com/opinion/sanseito-brings-far-right-populism-to-japan https://asia.nikkei.com/opinion/sanseito-brings-far-right-po...
[6] - https://asia.nikkei.com/politics/japan-election/nostalgia-and-youtube-sanseito-mines-yearning-for-a-lost-japan-in-election https://asia.nikkei.com/politics/japan-election/nostalgia-an...
[7] - https://asia.nikkei.com/business/travel-leisure/japan-s-tourism-dilemma-japanese-are-being-priced-out-of-hotels https://asia.nikkei.com/business/travel-leisure/japan-s-tour...
[8] - https://therobinreport.com/japans-backlash-on-luxury-tourism/ https://therobinreport.com/japans-backlash-on-luxury-tourism...
[9] - https://www.princetonpoliticalreview.org/international-news/japans-double-edged-sword-the-hidden-costs-of-japans-tourism-surge https://www.princetonpoliticalreview.org/international-news/...
- pantalaimon 10mo ago> Japan’s minimum wage ($6.68 an hour) is similar to America’s ($7.25).
- alephnerd 10mo ago1. American state minimum wage supersedes the national minimum wage [0] 2. The median household income in Japan is significantly below the US ($25,000 [1] versus $83k [2]), let alone other OECD members. [0] - https://www.ncsl.org/labor-and-employment/state-minimum-wages https://www.ncsl.org/labor-and-employment/state-minimum-wage... [1] - https://newsdig.tbs.co.jp/articles/mro/2029703?display=1 https://newsdig.tbs.co.jp/articles/mro/2029703?display=1 [2] - https://www.census.gov/library/publications/2025/demo/p60-286.html https://www.census.gov/library/publications/2025/demo/p60-28...
- yourusername 10mo agoBut does anyone actually make minimum wage in the US? Statistics i can find suggest it is around 1% with Japan closer to 20%.
- t-3 10mo agoMost (30) states have their own minimum wage, higher than the federal. 20 have no minimum wage or a minimum lower than or equal to the federal.
- seanmcdirmid 10mo ago$13-15/hour is the minimum even in Mississippi, which are the rates McDonald’s advertises for crew there.
- gruez 10mo ago>to America’s ($7.25). That's the federal minimum wage. The actual minimum wage, factoring in state and local rates is actually around $12, 65% higher. https://www.economist.com/content-assets/images/20251122_FNC459.png https://www.economist.com/content-assets/images/20251122_FNC...
- oivey 10mo ago