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Is Japan more expensive than Europe?

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We can either travel to Greece or Japan in July and we are torn between the two. We have never been to any of the two countries and would like to see both some day but at this point we would like to visit the less expensive of the two. We have travelled in Europe quite a lot and have a pretty good idea about how much Greece is going to cost us. Based on preliminary research of hotels, it seems that Japan is less expensive, or, at least, not more expensive. Airfare is about the same. But I don't really have a good idea about how much other things, such as food, sightseeing etc. will cost. I know that Japan is very expensive but how does it compare to Europe right now? Any information is greatly appreciated.

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