Salary Equivalence

Paris vs Tokyo

Quick answer
€120,000 in Paris ≈ €106,350 in Tokyo

Salary equivalence calculator

€106,350

Price-level ratio 0.886. Adjust to recalculate.

MetricParisTokyoDifference
Price level index (NYC=100)80.070.9-11.4%
Rent index (NYC=100)66.045.1-31.7%
Equivalent of €120,000€120,000€106,350cheaper
  • Tokyo is about 11% cheaper than Paris, so the same lifestyle costs less.

How far does your salary go in Tokyo?

Moving from Paris to Tokyo changes your cost of living in ways a currency conversion can't capture. What matters is purchasing power: how much the same basket of housing, food, transport and services costs in each place. On our index, where New York City = 100, Paris sits at 80.0 and Tokyo at 70.9.

That makes Tokyo roughly 11% cheaper. A salary of €120,000 in Paris translates to about €106,350 in Tokyo. Above that and you gain in real terms; below it and you take an effective pay cut.

Housing drives the gap

Rent is the largest and most variable line in most budgets. Tokyo's rent index is 45.1 versus Paris's 66.0.

Common mistakes

  • Converting currency instead of purchasing power.
  • Ignoring taxes, which vary by jurisdiction.
  • Forgetting one-off relocation costs.

Bottom line

Tokyo is about 11% cheaper than Paris, so the same lifestyle costs less. Use the calculator to plug in your real salary and compare against any concrete offer.

Rent equivalence: Paris vs Tokyo

€1,367

Based on the rent-index ratio of 0.683 (Paris 66.0 vs Tokyo 45.1, NYC = 100).

Housing is usually the biggest single difference between two cities, and it moves independently of the overall price level. Renting the equivalent home in Tokyo costs about 32% less than in Paris. Enter your actual rent above to see what a like-for-like place would cost after you move — a more honest gauge of affordability than a raw salary conversion, since renters and owners feel very different impacts.

Frequently asked questions

What salary do I need in Tokyo to match Paris?

To keep the same standard of living as €120,000 in Paris, you would need roughly €106,350 in Tokyo, a price-level ratio of 0.89.

Is Tokyo more expensive than Paris?

No, it is about 11% cheaper overall.

How much is rent in Tokyo compared to Paris?

Rent in Tokyo is about 32% lower than in Paris (rent indices 66.0 vs 45.1, NYC = 100). Use the rent calculator on this page for your exact figure.

How is the equivalent salary calculated?

We multiply your salary by the ratio of the two cities' composite price-level indices (housing, food, transport, services), benchmarked so New York City = 100.

Methodology

We build a composite price-level index for each city from official regional price parities and international purchasing-power parities across housing, food, transport and services, normalized so New York City = 100. The equivalent salary is your salary multiplied by the ratio of the destination index to the origin index. It estimates the income needed to hold real purchasing power constant and does not model taxes.

DE
Dr. Elena Vasquez
Lead Economist, Cost-of-Living Research

Elena holds a PhD in Economics and has spent 12 years modelling purchasing-power parity and regional price indices.

PhD Economics, LSEFormer OECD statistics fellow
✓ Reviewed by Priya Nair, Data Quality Reviewer.
Last updated 2026-06-01
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