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Are You Richer Than Japanese People?

BigmacForeign visitors always say "Everything is expensive in Japan". I agree them but it does not mean that I think we are rich. The point that should be considered is the ratio of the prices of things to our income. I think the Japanese personnel is most expensive in the world, and it makes the price of things higher. So we need much money to live and the personnel goes up...it goes around in circles.

I happened on the list of the prices of BigMac in the world, and made the program below. Select your country from the list box then the price of BigMac and average yearly income of your country will be displayed. The amount of income is based on the GDP per capita of each country. (These are not equal though)
And the percentage of BigMac price in your income will be also displayed. This is important. As for Japan, this ratio was 0.0083. The ratio of this number to the Japanese one will be indicated at the rightest column. If this number is larger than 1.0, relatively, the BigMac of your country is more expensive than Japan. And if you are happy with the price, probably you are richer than the average Japanese people.

Select your country

price of
BigMac($)
average yearly
income($)
price/
income(%)
ratio
to Japan
 
 
 
 

However, man shall not live by BigMac alone. So I also made the next table. This shows the ratio of the prices of various things to our income. (Oh my god, it takes 11 years or more for us to buy a house even if we didn't buy anything else!)

Japanese average yearly income (GDP per capita) 3,102,000 yen

itemprice (yen)price/yearly
income(%)
price/monthly
income(%)
indipendent house35,000,0001128.304313539.6518
room rent per month
(1 room plus kitchen)
70,0002.256627.0793
room rent per month
(2 rooms plus dining
room and kitchen)
108,0003.481641.7795
beer (330ml bottle)1900.00610.0735
coffee3000.00970.1161
coca-cola (350ml can)1200.00390.0464
t-shirt (plain white)1,0000.03220.3868
TV (32inch)150,0004.835658.0271
the lowest rail fare1300.00420.0503
postage (letter)800.00260.0309
movie ticket1,8000.05800.6963
gas (1 liter)1100.00350.0426

How about compare these numbers to yours? At first, input your yearly income to the top text box on the following table. (Don't worry, this information cannot be viewed by others) Please note that this amount is per person basis. So you should divide your family income by the number of your family members. Or input the number of GDP per capita from CIA World Factbook. (The amounts have been converted to US dollar values. If you will input the prices below in your local currency, you also have to convert the amount of income)
Next, input the prices of things that are shown on the table. If you don't know or cannot remember all the prices, you can leave them blank. And click the "calculate" button and the ratios to compare with Japanese price rates will be displayed.

Your yearly income
(or the GDP per capita of your country)


item price price/
yearly
income(%)
price/
monthly
income(%)
ratio
to Japan
indipendent house
 
 
 
room rent per month
(1 room plus kitchen)
 
 
 
room rent per month
(2 rooms plus dining
room and kitchen)
 
 
 
beer (330ml bottle)
 
 
 
coffee
 
 
 
coca-cola (350ml can)
 
 
 
t-shirt (plain white)
 
 
 
TV (32inch)
 
 
 
the lowest rail fare
 
 
 
postage (letter)
 
 
 
movie ticket
 
 
 
gas (1 liter)
 
 
 
    

Do the Japanese things are still expensive for you?

I checked the javascript above only on IE6, and it may not work on other browsers, sorry.

October 10, 2004 in Economy | Permalink

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Comments

Big thanx to webmaster!a

Posted by: Bob | Aug 8, 2007 5:59:25 PM

Great site!t

Posted by: asdf | Oct 7, 2007 5:34:31 PM

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