HomePricePeek

Nagoya vs Tokyo

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Nagoya vs Tokyo

Nagoya is 38% more affordable for homebuyers. Nagoya has a price-to-income ratio of 7.2x compared to 10.8x in Tokyo.

MetricNagoyaTokyo
Avg Home Price$280,000$450,000
Price / sqm$4,500$9,500
Rent (1BR)$700/mo$1,200/mo
Rent (3BR)$1,200/mo$2,200/mo
Price-to-Income7.2x10.8x
Mortgage Rate1.5%1.5%
1yr Change+3.8%+3.5%
Median Income$39,000/yr$42,000/yr
Population2,300,00014,000,000
NagoyaView full details โ†’TokyoView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Nagoya or Tokyo more expensive?
Nagoya is more affordable. Home prices differ by $170,000 (38%).
Which city has cheaper rent, Nagoya or Tokyo?
Rent for a 1BR in Nagoya is $700/mo vs $1,200/mo in Tokyo.

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