iPhone Index 2024: How Many Days You Need to Work to Afford It
Picodi calculated how many working days residents of different countries need to save up for the flagship iPhone model
iPhone Index 2020: how many days you would have to work to afford iPhone 12 Pro
November 12, 2020This is an archived report. The latest ranking is available here.
Picodi.com analytics compared iPhone 12 Pro (128 GB) prices with the average wages in selected countries in order to count the number of workdays required to buy the new Apple’s flagship.
The official price of iPhone 12 Pro in 128 GB version in the Philippines is going to be ₱62,990. However, buyers will find neither a charger nor earphones in this year’s flagship’s box.
According to the latest Numbeo data, the average wage in the country amounts to ₱14,999.02 (net). It means that a statistical Filipino would have to work for 88.2 days to afford the iPhone 12 Pro. (without eating anything). In comparison with the last year iPhone Index, the Philippines’ result improved by 8 days.
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High earnings in Australia, the United States and Switzerland allow to buy the new iPhone in 6.6, 6.1 and 4.4 days respectively.
The worst score among countries where the iPhone 12 Pro’s price is already known was noted in the Philippines. In Indonesia and Malaysia, this new gadget is worth 54.4 and 29.1 workdays.
Methodology and sources
The iPhone Index 2020 has been calculated on the basis of iPhone 12 Pro prices announced publicly on local Apple or authorised seller websites. The average salaries come from the countries’ official ministry or statistical office pages and are valid for the date of publishing iPhone prices in the respective countries. Net wages were obtained using local salary calculators. In the absence of official up-to-date information, the average wage is based on Numbeo data for October 2020. Monthly salaries were divided by 21 — the average number of workdays in a month. In countries where statistical offices use weekly wages, we divided the salary by 5.
Public Use
Data from the report ‘iPhone Index’, including infographics, can be freely used for both commercial and non-commercial purposes. We only ask to indicate the author of the research (Picodi.com) with a link to this subpage.
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