A meal at a mid-range restaurant typically costs between ¥1,000 and ¥3,000 ($7.50 to $22). Weekly groceries in the city can set you back approximately ¥15,000 to ¥25,000 ($110 to $185), depending on your shopping habits and dietary preferences.
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In general, a meal at a local eatery or fast food chain can range from 500 to 1,000 yen (approximately $5-$10 USD), while a meal at a mid-range restaurant can cost 1,000 to 3,000 yen (approximately $10-$30 USD), and a high-end restaurant can cost upwards of 10,000 yen (approximately $100 USD) per person.
Japan has a reputation as an expensive place to travel to, but it's an image that doesn't hold up on the ground. With a little strategy, a visit can be very reasonable – budget-friendly, even. Many of the country's major sights, for example, cost nothing, and free festivals take place year-round.
In short, I think you will be absolutely fine since your flight and hotels are paid for already. $1000 should be sufficient, but you must be strict with yourself. $50 a day just about creeps overbudget. I think you should set yourself about $30 a day and maybe sometimes jump up to $50/60 if you wanna try something.
Tokyo is different. In the past half century, by investing in transit and allowing development, the city has added more housing units than the total number of units in New York City. It has remained affordable by becoming the world's largest city. It has become the world's largest city by remaining affordable.
The truth is, Japan is probably not as expensive as you think! While it may be pricier than countries like China, Thailand, and Vietnam, to the surprise of many travelers, it's generally less expensive than places such as Singapore, the U.K., Australia, and Scandinavia.
Tipping in Japan is not expected, and attempts to leave a tip will almost certainly be turned down (a potentially awkward moment). In Japan, it's thought that by dining out or drinking at a bar, you are already paying the establishment for good service.
That's certainly a comfortable budget as long as you aren't expecting to eat many fancy meals or do a lot of drinking or clubbing. You can probably save some money with strategic use of transit passes (see summaries on Japan Guide or elsewhere). You should look into the Grutto Pass.
The best way to get Japanese cash is from an ATM in Japan (do not buy yen before coming to Japan as the rate will be terrible). You can use your home bank card with many Japanese ATMs. 7-11 ATMs are the easiest to use and accept the most foreign cards.
Credit, debit and prepaid cards of international brands are generally accepted throughout the country. There will be instances where stores may not display the symbols of the cards they accept, so ask the salesperson if you can use your card.