Salary Equivalence

Tokyo vs Rome

Quick answer
¥120,000 in Tokyo ≈ ¥104,937 in Rome

Salary equivalence calculator

¥104,937

Price-level ratio 0.874. Adjust to recalculate.

MetricTokyoRomeDifference
Price level index (NYC=100)70.962.0-12.6%
Rent index (NYC=100)45.146.0+2.0%
Equivalent of ¥120,000¥120,000¥104,937cheaper
  • Rome is about 13% cheaper than Tokyo, so the same lifestyle costs less.

How far does your salary go in Rome?

Moving from Tokyo to Rome 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, Tokyo sits at 70.9 and Rome at 62.0.

That makes Rome roughly 13% cheaper. A salary of ¥120,000 in Tokyo translates to about ¥104,937 in Rome. 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. Rome's rent index is 46.0 versus Tokyo's 45.1.

Common mistakes

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

Bottom line

Rome is about 13% cheaper than Tokyo, so the same lifestyle costs less. Use the calculator to plug in your real salary and compare against any concrete offer.

Rent equivalence: Tokyo vs Rome

¥2,040

Based on the rent-index ratio of 1.020 (Tokyo 45.1 vs Rome 46.0, 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 Rome costs about 2% more than in Tokyo. 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 Rome to match Tokyo?

To keep the same standard of living as ¥120,000 in Tokyo, you would need roughly ¥104,937 in Rome, a price-level ratio of 0.87.

Is Rome more expensive than Tokyo?

No, it is about 13% cheaper overall.

How much is rent in Rome compared to Tokyo?

Rent in Rome is about 2% higher than in Tokyo (rent indices 45.1 vs 46.0, 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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