Cost Competitiveness

Miyagi Prefecture can keep necessary business costs much lower than that of other cities in Japan.

Office rent

Office rent

Region	¥/square meters
Tokyo	6,150
Osaka	3,687
Nagoya	3,813
Sendai (Miyagi Capital)	2,846

Reference: MIKI OFFICE REPORT SENDAI, 2025

Housing rent

Housing rent

Region	Units:YEN
Tokyo	87,118
Osaka	59,209
Nagoya (Aichi)	55,175
Miyagi (Sendai)	51,128

Reference: Ministry of Internal Affairs and Communications, Statistics Bureau,

“R5 Housing and Land Survey: Basic Tabulation on Housing and Households," 2023

Value of land in industrial areas

Municipality	¥/square meters
Tokyo	365,600
Osaka	129,200
Nagoya (Aichi)	64,800
Miyagi	31,600

Reference: Ministry of Land, Infrastructure, Transport and Tourism, "Land Price Survey by Prefecture., 2025

Average wage

 

Municipality	Average wage（1,000 yen）
Tokyo	418.3
Osaka	348.9
Nagoya(Aichi)	341.6
Miyagi	313.7

Reference: Basic Survey on Wage Structure, Ministry of Health, Labour and Welfare, 2025