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How long do you have to work to afford an iPhone X?

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How long do you have to work in order to buy an iPhone X?

(working day = 8 hours / full week = 40 hours)

 

 

 
Group
Index History 2012 to 20181 Big Mac (minutes)iPhone X (hours)
1
Zurich
70.6
13.438.2
2
Geneva
87.8
15.447.5
3
Los Angeles
93.5
13.650.6
4
Miami
96.7
13.952.3
5
Nicosia
99.8
19.454.0
6
New York*
100.0
15.254.1
7
Chicago
101.7
14.055.0
8
Toronto
117.3
15.063.5
9
Montreal
117.8
18.063.7
10
Luxembourg
119.3
13.164.5
11
Sydney
125.7
14.568.0
12
Auckland
127.9
13.369.2
13
Copenhagen
128.6
16.969.6
14
Tokyo
130.7
12.270.7
15
Oslo
135.8
22.373.5
16
Hong Kong
139.3
11.875.3
17
Manama
149.6
15.480.9
18
Munich
149.8
16.381.0
19
Frankfurt
150.8
16.881.6
20
Vienna
154.9
17.983.8
21
Stockholm
156.7
21.584.8
22
Dublin
162.1
17.787.7
23
Berlin
164.9
18.489.2
24
London
168.2
17.091.0
25
Taipei
171.4
12.092.7
26
Helsinki
174.8
24.094.5
27
Tel Aviv
187.1
23.3101.2
28
Paris
189.4
23.1102.4
29
Amsterdam
196.0
21.2106.0
30
Lyon
196.2
24.9106.2
31
Rome
196.9
23.5106.5
32
Dubai
198.9
21.8107.6
33
Milan
201.4
26.0109.0
34
Doha
204.5
23.0110.6
35
Barcelona
224.8
28.6121.6
36
Riyadh
240.8
24.5130.2
37
Brussels
256.2
26.9138.6
38
Madrid
259.8
27.8140.5
39
Seoul
271.3
28.7146.8
40
Panama City
277.3
41.6150.0
41
Ljubljana
381.3
21.7206.3
42
Tallinn
385.4
32.6208.5
43
Lisbon
412.5
36.3223.2
44
Santiago de Chile
418.8
36.0226.6
45
Kuala Lumpur
448.5
31.7242.6
46
Bangkok
484.1
46.9261.9
47
Athens
484.1
43.9261.9
48
Warsaw
497.7
32.8269.3
49
Sofia
506.0
49.3273.7
50
Prague
507.4
42.3274.5
51
Vilnius
510.5
39.5276.1
52
São Paulo
533.6
52.5288.7
53
Johannesburg
539.6
27.1291.9
54
Moscow
552.8
29.9299.0
55
Shanghai
565.8
53.4306.1
56
Beijing
581.0
51.0314.3
57
Rio de Janeiro
584.2
56.7316.0
58
Bratislava
605.5
48.0327.5
59
Hanoi
667.3
49.4361.0
60
Zagreb
674.6
46.4364.9
61
Riga
677.0
52.5366.2
62
St Petersburg
706.6
37.7382.3
63
Lima
713.8
55.6386.1
64
Bucharest
731.5
40.2395.7
65
Budapest
737.6
55.6399.0
66
Bogotá
786.4
64.3425.4
67
Manila
823.2
61.9445.3
68
Buenos Aires
869.0
53.1470.1
69
Lagos
939.1
99.8508.0
70
Istanbul
1,049.5
66.5567.7
71
Nairobi
1,068.0
133.8577.7
72
Mexico City
1,178.4
86.8637.5
73
Jakarta
1,204.5
82.9651.6
74
Kiev
1,309.9
58.0708.6
75
New Delhi
1,486.5
90.5804.2
76
Mumbai
1,696.7
88.1917.8
77
Cairo
1,970.9
101.21,066.2
* NYC = Index 100

How to Read the Table

We took the average price across all sources for each good and service and divided it by the net hourly wage of our 15 professions. The result is converted into either minutes or hours.

While the Big Mac has stayed the same product, we have analyzed different iPhones and iPods throughout the years (i.e. in 2015 we looked at the iPhone 6, today it is the iPhone X). Therefore, when selecting “iPod or iPhone” the “Index History” column shows the historic range of both products.

 

source: UBS – 2018

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