🇯🇵 Japan
Can you afford a house in Japan?
Unaffordable — by Demographia's classification
The country median home in Japan costs ¥36,000,000 and the median household earns ¥4,590,000 — a price-to-income ratio of 7.8×. Ranked 31 of 46 for housing cost relative to income.
Median home price
¥36,000,000
Japan average
Median household income
¥4,590,000
after tax
Avg mortgage rate
1.45%
min down 10%
How Japan's housing affordability evolved
Price-to-income peaked at 11.6× in 1990. Today: 7.8×. If you had today's income in 1990, you could have afforded 148%of today's purchasing power for the country median home. The OECD average over the same period went from 4.3× in 1990 to 7.6× today.
How affordable is Japan for you?
Enter your income and savings to see your personal max-affordable price, years to a down payment, and how that compares to Japan's median.
Tell us about your finances
Annual numbers. We use country-typical interest rates and minimum down payments unless you change them.
Anchor: Japan average median 36,000,000 JPY · mortgage rate 1.45% · min down 10%