Economic Indicators

GDP per Capita (PPP)$52,039 (2024)
Inflation Rate2.7% (2024)
Health Spend per Capita$3,638 (2023)
Out-of-Pocket Health Spend12.2% (2023)
Education Spend (% GDP)3.3% (2021)
Source: World Bank Open Data

The cost of living in Yokohama is generally moderate to expensive, with a daily budget ranging from $60-150 USD per day for a backpacker to $200-500 USD per day for a mid-range traveler.

Quick Facts

Cost LevelExpensive
Daily Budget (Backpacker)$60-100 USD
Daily Budget (Mid-Range)$150-300 USD
Daily Budget (Comfort)$250-500 USD
CurrencyJPY
Tipping Customnot expected

How Expensive Is Yokohama?

Yokohama, Japan's second-largest city, has a unique blend of traditional and modern culture, with a cost of living that reflects its status as a major urban center. Compared to other global cities, Yokohama is relatively expensive, but still more affordable than neighboring Tokyo. The cost of living in Yokohama is driven by factors such as housing, food, and transportation, which are generally higher than in other parts of Japan. However, the city's vibrant cultural scene, rich history, and modern amenities make it an attractive destination for tourists and expats alike.

In terms of regional comparison, Yokohama is more expensive than many other cities in Asia, but still offers a unique and high-quality lifestyle. The city's proximity to Tokyo and its status as a major port city contribute to its higher cost of living, but also provide access to a wide range of cultural, entertainment, and economic opportunities. Overall, Yokohama offers a unique blend of traditional Japanese culture and modern urban lifestyle, with a cost of living that reflects its status as a major global city.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$20-40Basic dorm rooms and guesthouses
Mid-Range Hotel$80-150Business hotels and boutique hotels
Luxury/Resort$200-500High-end hotels and resorts
Apartment Rent (monthly)$600-2,000City center vs outside, with utilities and furniture

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$5-10
Casual Restaurant$10-20
Mid-Range Restaurant (2 people)$30-50
Fine Dining$50-100
Beer (local)$5-10
Coffee$2-5
Water (1.5L bottle)$1-2

Transport Costs

TransportCost (USD)
Local bus/metro ride$2-3
Taxi (per km)$2-5
Domestic flight$100-300
Fuel (per liter)$1-2

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent6001,2002,500
Food3006001,200
Transport100200500
Utilities100200500
Entertainment2005001,000
Total1,3002,7005,700

Money-Saving Tips

  • Consider staying in a hostel or guesthouse outside of the city center to save on accommodation costs.
  • Eat at local restaurants and try traditional Japanese street food to save on food costs.
  • Use public transportation, such as buses and trains, to get around the city.
  • Take advantage of free or low-cost cultural attractions, such as museums and temples.
  • Shop at local markets or discount stores for groceries and other essentials.
  • Learn some basic Japanese phrases to help navigate the city and interact with locals, which can also help to save money by avoiding tourist traps and overpriced services.