More affordable iPhones? How São?!

For most people, no matter where you are in the world, buying an iPhone 6 is not a trivial matter. However, in some places, unsurprisingly enough, it will require a lot more sweat at work to be in a position to afford one.

For most people, no matter where you are in the world, buying an iPhone 6 is not a trivial matter. However, in some places, unsurprisingly enough, it will require a lot more sweat at work to be in a position to afford one.

Exactly how much extra effort is needed in some locations compared to others has been measured in the latest Prices and Earnings report, published every three years by Swiss bank UBS.

The report could be seen as giving an indication of 'the bang you get for your buck' in various cities around the world.

Of the 71 global urban centres examined across a range of different aspects in relation to your wage and its buying power, seven of those are in Latin America.

In terms of the city in this region where you need to work the fewest hours to purchase a 16-gigabyte iPhone 6, São Paulo comes out best. There, 109.2 hours' labour will earn you enough money to get Apple's latest smartphone. Next in line is Santiago de Chile, where an average of 130.8 hours of work should pocket you sufficient cash for the same phone.

Those residing in Mexico City have to work the most — a hefty 217.6 hours — of the Latin American cities surveyed to be in a position to buy an iPhone 6.

In Lima, it's 192.2; 143.7 in Bogotá; and 139.9 in Rio de Janeiro. Buenos Aires wasn't included for this particular item as, according to the report, workers there cannot access official markets to purchase the iPhone 6 locally.

Globally, at 20.6 hours Zurich is the city where you have to work the least to get yourself such a phone.

If you're the type of person who must always have the latest technology gadgets then going by this report you should avoid living in Kiev. You'd have to work a whopping 627.2 hours, that's about 13 weeks' graft, in the Ukrainian capital to have sufficient money for an iPhone 6.

The Prices and Earnings methodology is to take the average price from all participating cities for the particular product looked at and, where possible, compare them to the manufacturers’ official local retail price. The price of each product is then divided by the net hourly wage for the 15 professions covered in the survey and converted to hours.

The whole report, which covers a host of different products and topics, can be viewed at https://www.ubs.com/microsites/prices-earnings/prices-earnings.html.

LatinAmerican Post |

Top
We use cookies to improve our website. By continuing to use this website, you are giving consent to cookies being used. More details…