¥1 in 1970
Life in 1970
In 1970, Japan's average annual wage was approximately ¥960,000. This means ¥1 represented roughly 0 weeks of average earnings — a modest expense. A loaf of bread cost approximately ¥70 and monthly rent was around ¥15000.
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These calculations are estimates based on Japan's Consumer Price Index (CPI) data from Statistics Bureau of Japan; Bank of Japan historical series; Ohkawa & Shinohara (1979) Japanese economic growth data. Meiji period data (1868–1912) reconstructed from trade records. WWII hyperinflation (1945–1949) reflected. Post-war miracle growth and 1990s deflation captured. Results may differ from other inflation calculators. See our Methodology and Sources for full details.