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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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