Tokyo "Most Expensive" For Expats, Survey Finds

Above, a view looking towards Odaiba from Tokyo Tower. Photo by Armand Vaquer.

Management consultancy firm ECA International recently conducted a survey on the world's most expensive cities for expats and found Tokyo to be the most expensive in Asia.

According to an article in Japan Today:

SINGAPORE —Tokyo is the most expensive city in Asia for expatriates, despite a sharply weaker yen, a survey showed Thursday. Beijing was second, jumping up the ranking from fifth place last year. 

However, Tokyo was toppled as the world’s most expensive city by the Venezuelan capital Caracas, falling globally to 10th place owing to the softer Japanese currency, according to the survey by management consultancy firm ECA International.

A year ago, according to the article, the dollar was trading around 80 yen. Today, it is trading around 102 yen. This helped to make living in Tokyo a bit cheaper for expatriates.

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