Visual graph depicting how much of your yearly salary you would need to spend to afford an IPhone 15 in different countries
Visual graph depicting how much of your yearly salary you would need to spend to afford an IPhone 15 in different countries
What's the methodology here? Is the income based on mean or median? Is the iPhone cost based on local price or USD converted? How is tax taken into account?
An iPhone 15 base model in NZ costs $1,649, or about $984USD. Based on the table, 3.06% (I think, it's hard to read) makes the average income NZD$54k or so.
In June 2023, the median weekly income in NZ was $1,273, or about NZD$66k.
$1,649/$66k is 2.49% of income, placing NZ far further down the list, between Sweden and Singapore. Except the others are probably not accurate either.
Except maybe the income is something else, like across all people including unemployed and retired, instead of just working people?
Tbh it seems off for Germany too... looks like untaxed income maybe?
I was thinking it's probably based on some Wikipedia list of countries where one country is based on data from 2020, another from 2023, and yet another hasn't been updated since 2017.
I also doubt they have adjusted based on the actual local cost. I say this because many of the listed countries (especially towards the top of the list) don't seem to have an apple regional website and so getting the data would be hard, and the lack of a regional page makes me think they probably don't officially sell them there.