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Country vs country: Japan and United States compared: Cost of living > Real estate prices stats

Definitions

  • Apartment purchase price per sqm > City centre: Price per Square Meter to Buy Apartment in City Centre. Based on 0-50 contributions for Afghanistan, Aland Islands, Andorra and 81 more countries and 50-100 contributions for Albania, Algeria, Armenia and 19 more countries and over 100 contributions for Argentina, Australia, Austria and 82 more countries. The surveys were conducted by numbeo.com from May, 2011 to February, 2014. See this sample survey for the United States, respondents were asked "Price per Square Meter to Buy Apartment in City Centre". Prices in current USD.
  • Apartment purchase price per sqm > Outside city centre: Price per Square Meter to Buy Apartment Outside of Centre. Based on 0-50 contributions for Afghanistan, Aland Islands, Andorra and 81 more countries and 50-100 contributions for Albania, Algeria, Armenia and 19 more countries and over 100 contributions for Argentina, Australia, Austria and 82 more countries. The surveys were conducted by numbeo.com from May, 2011 to February, 2014. See this sample survey for the United States, respondents were asked "Price per Square Meter to Buy Apartment Outside of Centre". Prices in current USD.
  • Interest rate: Mortgage Interest Rate in Percentages (%), Yearly. Based on 0-50 contributions for Afghanistan, Aland Islands, Andorra and 81 more countries and 50-100 contributions for Albania, Algeria, Armenia and 19 more countries and over 100 contributions for Argentina, Australia, Austria and 82 more countries. The surveys were conducted by numbeo.com from May, 2011 to February, 2014. See this sample survey for the United States, respondents were asked "Mortgage Interest Rate in Percentages (%), Yearly". The higher the value, the more survey respondents believe it is high in their country.
  • Rent index: Rent Index is estimation of prices of renting apartments in the city compared to New York City. If Rent index is 80, Numbeo estimates that price for renting in that city is 80% of price in New York.
  • Rent per month > 1 bedroom apartment > City centre: Apartment (1 bedroom) in City Centre. Based on 0-50 contributions for Afghanistan, Aland Islands, Andorra and 81 more countries and 50-100 contributions for Albania, Algeria, Armenia and 19 more countries and over 100 contributions for Argentina, Australia, Austria and 82 more countries. The surveys were conducted by numbeo.com from May, 2011 to February, 2014. See this sample survey for the United States, respondents were asked "Apartment (1 bedroom) in City Centre". Prices in current USD.
  • Rent per month > 1 bedroom apartment > Outside city centre: Apartment (1 bedroom) Outside of Centre. Based on 0-50 contributions for Afghanistan, Aland Islands, Andorra and 81 more countries and 50-100 contributions for Albania, Algeria, Armenia and 19 more countries and over 100 contributions for Argentina, Australia, Austria and 82 more countries. The surveys were conducted by numbeo.com from May, 2011 to February, 2014. See this sample survey for the United States, respondents were asked "Apartment (1 bedroom) Outside of Centre". Prices in current USD.
  • Rent per month > 3 bedroom apartment > City centre: Apartment (3 bedrooms) in City Centre. Based on 0-50 contributions for Afghanistan, Aland Islands, Andorra and 81 more countries and 50-100 contributions for Albania, Algeria, Armenia and 19 more countries and over 100 contributions for Argentina, Australia, Austria and 82 more countries. The surveys were conducted by numbeo.com from May, 2011 to February, 2014. See this sample survey for the United States, respondents were asked "Apartment (3 bedrooms) in City Centre". Prices in current USD.
  • Rent per month > 3 bedroom apartment > Outside city centre: Apartment (3 bedrooms) Outside of Centre. Based on 0-50 contributions for Afghanistan, Aland Islands, Andorra and 81 more countries and 50-100 contributions for Albania, Algeria, Armenia and 19 more countries and over 100 contributions for Argentina, Australia, Austria and 82 more countries. The surveys were conducted by numbeo.com from May, 2011 to February, 2014. See this sample survey for the United States, respondents were asked "Apartment (3 bedrooms) Outside of Centre". Prices in current USD.
STAT Japan United States
Apartment purchase price per sqm > City centre $5,589.80
Ranked 17th. 3 times more than United States
$1,874.98
Ranked 76th.
Apartment purchase price per sqm > Outside city centre $3,987.85
Ranked 13th. 3 times more than United States
$1,235.42
Ranked 72nd.
Interest rate 1.95
Ranked 141st.
4.2
Ranked 115th. 2 times more than Japan
Rent index 36.78
Ranked 32nd.
37.45
Ranked 30th. 2% more than Japan
Rent per month > 1 bedroom apartment > City centre $976.69
Ranked 27th.
$981.22
Ranked 26th. About the same as Japan
Rent per month > 1 bedroom apartment > Outside city centre $568.86
Ranked 37th.
$745.72
Ranked 26th. 31% more than Japan
Rent per month > 3 bedroom apartment > City centre $1,912.91
Ranked 29th. 13% more than United States
$1,685.98
Ranked 36th.
Rent per month > 3 bedroom apartment > Outside city centre $1,139.71
Ranked 38th.
$1,268.90
Ranked 32nd. 11% more than Japan

Citation

"Cost of living > Real estate prices: Japan and United States compared", NationMaster. Retrieved from http://www.nationmaster.com/country-info/compare/Japan/United-States/Cost-of-living/Real-estate-prices