Have you checked Tokyo hotel prices lately? Thanks to the travel boom they're through the roof as well: the business hotel that was Y10,000 before COVID is now twice that, and Western branded hotels that were Y30,000 or so are now Y100,000+.
For western reference, ¥100,000+ is $615+, or €540+.
Not cheap. I managed to find a room in SF for like $250 when I was looking, though you’d have to reserve it a week in advance. Is Tokyo really that expensive now?
For the 98% of people on here that have no idea of the Yen conversion rates, we are talking about 60 usd to 184-600 usd, or 55 euro to 162-550 euro
That's a fair point. I reserved a business hotel in Tokyo for ¥113900 for 7 days during off-season. After conversion, it's still reasonable since you wouldn't find something with the same quality and convenience in the cities I mentioned.
But what I meant was accommodation for residents and not hotels. I would much rather have to find a flat and live in Tokyo rather than any other big city in the world.