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News Tokyo rent hikes push more young Japanese back home

thomas

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Skyrocketing rents in Tokyo's 23 wards have made independent living increasingly difficult, even for students. A 2024 household survey by the Ministry of Internal Affairs and Communications found that single households under 35 spend approximately 136,542 yen per month on living costs, excluding rent. These costs are distributed as follows: food, 40,305 yen; utilities, 9,005 yen; medical expenses, 8,252 yen; and communication, 5,730 yen. When rent is added, many young people say living alone has become a serious financial challenge.

The survey also showed that, compared to ten years ago, the average monthly rent for single households under 35 has increased by roughly 6,600 yen, while other living expenses have risen by about 3,800 yen, adding around 10,000 yen to monthly outgoings. Real estate appraiser Masanori Taito noted that soaring condominium prices have driven up rents, and he expects rental costs to continue climbing gradually in the coming years.



 
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