Deutsche Bank
July 14, 2026
Mapping the World's Prices
Macro ThematicMacro Economic IndicatorsReal EstateOther
This report analyzes global price variations across 69 cities, highlighting Japan's dramatic decline in relative living and asset costs since 2012. It serves as a tool for comparing everyday expenses and investment opportunities globally.
Key Takeaways
- 1.Japan has experienced a dramatic shift in relative affordability, moving from one of the most expensive countries in 2012 to significantly cheaper in 2026.
- 2.Tokyo is currently the cheapest city in the world to purchase an iPhone.
Table of Contents
- Mapping the World's Prices 2026
- Appendix 1
- Important Disclosures
- Analyst Certification
- Additional Information
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Authors
Jim ReidGalina PozdnyakovaCamilla Siazon
Themes
Global Cost of LivingPurchasing Power Parity
Regions
GlobalJapanUnited StatesUnited Kingdom
