Salary Equivalence

Stockholm vs Tokyo

Quick answer
kr120,000 in Stockholm β‰ˆ kr109,077 in Tokyo

Salary equivalence calculator

kr109,077

Price-level ratio 0.909. Adjust to recalculate.

MetricStockholmTokyoDifference
Price level index (NYC=100)78.070.9-9.1%
Rent index (NYC=100)58.045.1-22.2%
Equivalent of kr120,000kr120,000kr109,077cheaper
  • Tokyo is about 9% cheaper than Stockholm, so the same lifestyle costs less.

How far does your salary go in Tokyo?

Moving from Stockholm 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, Stockholm sits at 78.0 and Tokyo at 70.9.

That makes Tokyo roughly 9% cheaper. A salary of kr120,000 in Stockholm translates to about kr109,077 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 Stockholm's 58.0.

Common mistakes

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

Bottom line

Tokyo is about 9% cheaper than Stockholm, so the same lifestyle costs less. Use the calculator to plug in your real salary and compare against any concrete offer.

Rent equivalence: Stockholm vs Tokyo

kr1,555

Based on the rent-index ratio of 0.778 (Stockholm 58.0 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 22% less than in Stockholm. Enter your actual rent above to see what a like-for-like place would cost after you move β€” 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 Stockholm?

To keep the same standard of living as kr120,000 in Stockholm, you would need roughly kr109,077 in Tokyo, a price-level ratio of 0.91.

Is Tokyo more expensive than Stockholm?

No, it is about 9% cheaper overall.

How much is rent in Tokyo compared to Stockholm?

Rent in Tokyo is about 22% lower than in Stockholm (rent indices 58.0 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
βœ“ Reviewed by Priya Nair, Data Quality Reviewer.
Last updated 2026-06-01
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