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Tokyo, Japan has the largest metropolitan economy in the world, and is one of the three world finance “command centers” along with New York City and London. Tokyo is a major international finance center, housing the headquarters of several of the world’s largest investment banks and insurance companies, and serves as a hub for Japan’s transportation, publishing, and broadcasting industries. Tokyo was rated by the Economic Intelligence Unit as the most expensive (highest-cost of living) city in the world for the past 14 years. The average salary in Tokyo is around $50,000, which is much higher than other cities like Osaka and Nagoya, where the average is only $28,000.
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