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.
This is an archived report. The latest ranking is available here.
The latest analysis by Picodi.com juxtaposes the price of iPhone 11 Pro and average salaries in several dozen countries around the world.
Apple’s pricing policy is causing more and more astonishment every year and is a beloved inspiration for internet memes. This is proof that sense of humor is not dependent on location or wealth: American jokes are also relevant in other parts of the world.
After the September presentation of Apple’s new devices, the analytical team of Picodi.com decided to compare an average salary in selected countries with the price of an iPhone 11 Pro (the 64GB model) in order to count the number of workdays required to buy it.
The official price of iPhone 11 Pro (64GB) in the USA is going to be $1087,66 (with tax included). Assuming that, according to Bureau of Labor Statistics, the average gross salary in this country is $1144 ($936.78 net), a statistical American would have to work for 5.8 days to afford this year’s iPhone (not counting living expenses). That is 2.6 days less than the previous year.
In the lead of the rank is Switzerland, where the ratio of the iPhone’s price to the average salary is the most attractive. A statistical Swiss should be able to save up for iPhone 11 Pro in 4.8 days.
The reverse record belongs to Mexicans: a statistical resident of this country would have to lay aside 54.2 days worth of wages to buy the iPhone. In countries like Montenegro or Russia, the new gadget has got the value of 48.5 and 47 workdays, respectively.
Although the new iPhone can be a rather expensive gadget, it is possible to buy it cheaper through official resellers. All you have to do is sign up to Picodi.com and activate cashback while shopping in stores such as Best Buy , Walmart and TigerDirect.
The iPhone Index 2019 has been calculated on the basis of iPhone 11 Pro prices announced publicly on local Apple or authorised seller websites. The average salaries come from the countries’ official ministry or statistical office pages. We divided the weekly wages by 5 – the number of workdays in a week.
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Picodi calculated how many working days residents of different countries need to save up for the flagship iPhone model.
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