Study in Japan Portal Site - Living Cost and Price

Living Cost and Price

Currency and price of goods
The Japanese currency is the Yen (\). The 3 main denominations of bills are \10,000, \5,000 and \1,000 while the 6 denominations of coins are \500, \100, \50, \10, \5 and \1. Cash payment is common in Japan though many shops do accept credit cards. Checks are not normally used in Japan for payment of everyday expenses.
Exchange of major currencies can be done at banks handling foreign currency exchange. The exchange rate is standard at any bank.

Cost of living
The average monthly expenses (including academic fees) of an international student are shown below. The cost of living in metropolitan area are higher than in rural areas.



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