Cost of Living in Hakone
Summary: If you're moving to Hakone, understanding the the cost of living in Hakone helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
Apartment Rentals | Rent for a one-bedroom apartment in the city center of Hakone is around ¥50,000 per month. Rent for a three-bedroom apartment in the city center is around ¥80,000 per month. Rent for a one-bedroom apartment outside the city center is around ¥40,000 per month. Rent for a three-bedroom apartment outside the city center is around ¥60,000 per month. |
Apartment Purchases | The average price of a one-bedroom apartment in the city center of Hakone is around ¥7,000,000. The average price of a three-bedroom apartment in the city center is around ¥10,000,000. The average price of a one-bedroom apartment outside the city center is around ¥5,000,000. The average price of a three-bedroom apartment outside the city center is around ¥7,000,000. |
Transportation | The cost of public transportation in Hakone is relatively inexpensive. A one-way ticket on the local train is around ¥200. A one-way ticket on the express train is around ¥400. A one-way ticket on the bus is around ¥200. A one-way ticket on the cable car is around ¥400. |
Groceries | The cost of groceries in Hakone is relatively inexpensive. A loaf of bread is around ¥200. A liter of milk is around ¥150. A dozen eggs is around ¥200. A kilogram of rice is around ¥400. A kilogram of apples is around ¥200. |
Restaurants | The cost of eating out in Hakone is relatively inexpensive. A meal at a fast food restaurant is around ¥500. A meal at a mid-range restaurant is around ¥1,000. A meal at a high-end restaurant is around ¥2,000. |
Utilities | The cost of utilities in Hakone is relatively inexpensive. The average monthly cost of electricity is around ¥3,000. The average monthly cost of water is around ¥1,000. The average monthly cost of gas is around ¥2,000. The average monthly cost of internet is around ¥3,000. |
Private School Tuition | The cost of private school tuition in Hakone is relatively expensive. The average annual tuition for preschool is around ¥400,000. The average annual tuition for elementary school is around ¥600,000. The average annual tuition for middle school is around ¥800,000. The average annual tuition for high school is around ¥1,000,000. |
Monthly Budget for Retirees in Hakone
"The cost of living in Hakone, is relatively high compared to other parts of Japan, mainly due to its status as a popular tourist destination. Housing costs can be quite expensive, especially for properties with views of Mount Fuji or proximity to hot springs. The cost of food is also higher than the national average, with a meal at an inexpensive restaurant costing more than in other cities. Transportation costs can also add up, especially if you frequently use the local buses, trains, or cable cars. However, utilities such as electricity, heating, cooling, and water are typically on par with the national average. Internet and mobile phone costs are also similar to the rest of Japan. Overall, while Hakone is a beautiful place to live, it is also one of the more expensive areas in Japan," said one expat living in Hakone.
Can I live in Hakone on $1,500 a month?
"I've been living in Hakone for a while now, and I can tell you that it's possible to live on $1,500 a month, but you'll have to make some sacrifices. First, you'll need to find a more affordable neighborhood to live in. I recommend looking into areas like Gora or Miyanoshita, where you can find cheaper apartments or share houses. Avoid neighborhoods like Sengokuhara or Hakone-Yumoto, as they tend to be more expensive due to their popularity with tourists.Next, you'll need to be mindful of your transportation costs. Hakone is a bit spread out, so you might need to rely on buses or trains to get around. I suggest getting a Hakone Free Pass, which gives you unlimited access to most of the local transportation for a set price. It's a great way to save money if you plan on traveling around the area frequently.Eating out can also be quite expensive in Hakone, especially in touristy areas. To save money, I recommend cooking at home as much as possible and shopping at local supermarkets or discount stores like Don Quijote. When you do eat out, try to find local, less touristy spots where the prices are more reasonable.Another thing to consider is entertainment costs. While there are many beautiful sights to see in Hakone, some attractions can be quite pricey. To save money, try to find free or low-cost activities, like hiking in the national park or visiting local shrines and temples. You can also take advantage of the many hot springs in the area, as some of them offer more affordable entrance fees.In summary, living comfortably on $1,500 a month in Hakone is possible, but you'll need to be mindful of your spending and make some sacrifices. By choosing a more affordable neighborhood, being smart about transportation, cooking at home, and finding low-cost entertainment options, you can make it work," commented an expat living in Hakone.
Can I live in Hakone on $3,500 a month?
"I've been living in Hakone for a while now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, but you'll have to make some sacrifices. First, you'll need to find an affordable neighborhood to live in. I recommend looking into areas like Gora, Miyanoshita, or Kowakidani. These neighborhoods are not as expensive as some of the more touristy areas like Hakone-Yumoto or Ashinoko, but they still offer a good quality of life and access to modern amenities.One of the sacrifices you'll have to make is living in a smaller apartment. Space is at a premium in Japan, and Hakone is no exception. You can expect to pay around $800 to $1,200 a month for a one-bedroom apartment in an affordable neighborhood. This might be a bit of an adjustment if you're used to living in a larger space, but it's manageable.Another sacrifice is that you might have to cut back on eating out at restaurants. While there are plenty of affordable dining options in Hakone, eating out can add up quickly. Instead, try cooking at home more often and shopping at local grocery stores or markets. This will help you save money and also give you a chance to try your hand at preparing some traditional Japanese dishes.Transportation costs can also be a bit high, especially if you're planning on using the trains frequently. To save money, consider getting a monthly train pass or using a bicycle for shorter distances. This will not only help you save money but also give you a chance to explore the beautiful scenery of Hakone.Finally, you might have to cut back on some of the more expensive leisure activities, like visiting onsens or taking guided tours. Instead, try to find free or low-cost activities to enjoy, like hiking in the nearby national park or visiting local temples and shrines.Overall, living in Hakone on $3,000 a month is doable, but you'll need to be mindful of your spending and make some sacrifices. By choosing an affordable neighborhood, cutting back on dining out, and finding low-cost activities to enjoy, you can make it work and still have a comfortable and enjoyable experience living in this beautiful part of Japan," said one expat living in Hakone.
Can I live in Hakone on $5,000 a month?
"I've been living in Hakone for a while now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, especially if you're used to modern amenities. However, there might be some sacrifices you'll have to make to ensure you stay within your budget.Firstly, you'll want to avoid living in the more expensive neighborhoods like Gora and Miyanoshita, as the rent and cost of living can be quite high there. Instead, consider more affordable areas like Hakone-Yumoto or Sengokuhara, where you can find reasonably priced apartments and houses.When it comes to transportation, owning a car can be quite expensive in Hakone due to parking fees and tolls. So, you might want to rely on public transportation like buses and trains, which are quite efficient and affordable. If you do need a car occasionally, consider using a car-sharing service to save on costs.Eating out can also be pricey in Hakone, especially if you frequent touristy areas. To save money, try cooking at home more often and shopping at local supermarkets or farmers' markets for fresh produce. When you do eat out, look for local, family-owned restaurants that offer more affordable prices.As for entertainment and leisure activities, there are plenty of free or low-cost options in Hakone. You can enjoy the beautiful nature by hiking or visiting parks, or take advantage of the numerous hot springs in the area, many of which offer discounted rates for locals.In terms of healthcare, Japan has a national health insurance system that covers most medical expenses, so you won't have to worry too much about that. Just make sure to register for the insurance when you arrive in Hakone.Overall, living in Hakone on $5,000 a month is doable if you're mindful of your spending and make some adjustments to your lifestyle. It's a beautiful place to live, and I'm sure you'll enjoy your time here," commented an expat living in Hakone.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.