Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Osaka

Japan

COL index 64.2

vs
Tokyo

Japan

COL index 72.4

Osaka vs Tokyo — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Osaka is 11.3% cheaper than Tokyo for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for cost
OsakaMetricTokyoΔ
64.2Cost of living index72.4+12.8%
€50,000Median gross salary€50,0000.0%
€43,154Net at €50,000 gross€43,1540.0%
€1,380Rent — 1BR centre€1,780+29.0%
€2,102Monthly COL (single)€2,595+23.5%
€67,218PPP — net / COL€59,605-11.3%
13.7%Effective tax @ €50,00013.7%0.0%
§ 02

Monthly expenses — paired

Osaka Tokyo
Rent — 1BR centre
Osaka
€1,380
Tokyo
€1,780
Groceries
Osaka
€368
Tokyo
€415
Utilities
Osaka
€192
Tokyo
€215
Transport
Osaka
€82
Tokyo
€95
Internet
Osaka
€38
Tokyo
€42
Gym
Osaka
€42
Tokyo
€48
§ 03

Salary equivalence

50,000 gross in Japan = €3,596 net monthly.

To have the same purchasing power in Tokyo, you would need roughly €56,385 gross in Japan (≈ €4,055 net monthly, adjusted for cost-of-living index).

€50,000
Osaka
€43,154
Net annual · 13.7% effective
PPP-adjusted equivalent
€67,218
Tokyo
€43,154
Net annual · 13.7% effective
PPP-adjusted equivalent
€59,605
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§ 04

Pros & cons

Osaka
  • +Significantly cheaper rent (€1,380)
  • +Favourable tax rate (13.7%)
  • High rent-to-income ratio (38.4%)
Tokyo
  • +Favourable tax rate (13.7%)
  • High rent-to-income ratio (49.5%)
§ 05

The verdict

Across the data, Osaka carries a lower cost-of-living index; Osaka wins on purchasing power after costs are netted out. If purchasing power is your north star, Osaka edges it.

§ 06

Frequently asked

Is Osaka cheaper than Tokyo?+

Osaka is cheaper. Cost-of-living index: Osaka 64.2, Tokyo 72.4 — a 11.3% difference (Q1 2026).

What is the cost of living difference between Osaka and Tokyo?+

Osaka sits at 64.2 on our COL index, Tokyo at 72.4. That works out to roughly 11.3% — Osaka being the cheaper of the two.

Is Osaka a good place to live compared to Tokyo?+

It depends on priorities. Osaka delivers €43,154 net on a €50,000 gross salary at a 13.7% effective tax rate. Tokyo delivers €43,154 at 13.7%. Centre 1-bed rent: €1,380 vs €1,780.

How do salaries compare in Osaka vs Tokyo?+

On a €50,000 gross salary, take-home is €43,154/year (€3,596/month) in Osaka and €43,154/year (€3,596/month) in Tokyo.

Which city has lower taxes, Osaka or Tokyo?+

Japan has the lower effective rate at €50,000: Japan 13.7%, Japan 13.7%.

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