Picodi.com has released the iPhone Index 2024, a report that compares how many days people in different countries must work to buy an iPhone 16 Pro. The index looks at 52 countries and calculates the number of workdays needed based on the average salary in each country and the price of the iPhone.The iPhone 16 series is now available in many parts of the world, with eager buyers already getting their hands on the latest model. However, in countries like Nepal, people will have to wait a little longer before the iPhone 16 arrives. With every new iPhone launch, discussions about its price are always a hot topic.
iPhone Prices in Different Countries
According to the iPhone Index 2024, the country where people can afford an iPhone 16 Pro the fastest is Switzerland. In Switzerland, the iPhone 16 Pro costs $999, and an average worker only needs to work 4 days to earn enough money to buy one.In the United States, where the iPhone was first launched, an average person would need to work about 5.1 days to buy the iPhone 16 Pro according to iPhone Index 2024. Similarly, people in Australia and Singapore can purchase the iPhone after working 5.7 days.However, the situation is much more difficult for people in countries like Turkey, where it takes an average worker 72.9 days to afford the iPhone 16 Pro. In Brazil and the Philippines, it takes 68.6 and 68.8 days, respectively. In Vietnam, it takes about 53.1 days of work to afford the phone.
India’s Position on the List
India also ranks high in terms of the number of days required to afford an iPhone. According to the iPhone Index 2024, an average Indian worker needs to work 47.6 days to buy the iPhone 16 Pro. This means that for many people in India, the iPhone remains a luxury item that requires significant savings and time.Comparing India to other countries on the list shows the large gap between wealthier nations and those with lower average incomes. While people in countries like Switzerland or the U.S. can buy the iPhone after just a few days of work, people in India, Brazil, and the Philippines have to work for many more days to afford the same device.
The Situation in Nepal
Although Nepal is not listed in the iPhone Index 2024, we can still estimate how long it would take for an average Nepali worker to afford the iPhone 16 Pro. According to Nepal’s National Statistics Office, the average annual income in Nepal for 2024 is around $1,456. This means that the daily income for an average worker in Nepal is about NPR 532.93.The expected price of the iPhone 16 Pro (128GB variant) in Nepal is around NPR 163,646. When you divide this price by the average daily income, it shows that an average Nepali worker would need to work 307 days—which is over 10 months—to afford the iPhone 16 Pro.This makes it clear that the iPhone is an expensive luxury item in Nepal, and most people would need to save up for a long time to buy one.
Why Are There Such Big Differences according to iPhone Index 2024?
The huge differences in how long it takes to buy an iPhone around the world are mainly due to variations in income levels and the local prices of the iPhone. In wealthier countries like Switzerland and the U.S., people earn much higher salaries, and the cost of the iPhone is relatively low when compared to their income.In countries like India, Brazil, Turkey, and the Philippines, average incomes are much lower, and the iPhone is priced higher in local currency, making it a much larger financial burden for the average person.
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In Summary
The iPhone 16 Pro is one of the most desired smartphones in the world, but how quickly people can afford it depends largely on where they live. In some countries, it takes just a few days of work to buy the phone, while in others, it can take months of saving and hard work.The iPhone Index 2024 highlights the significant differences in income and purchasing power around the world. For people in wealthier countries, buying the latest iPhone might be a quick decision, while for those in less affluent nations, it’s a major investment that requires careful planning.In Nepal, India, and other developing countries, the iPhone remains a high-end luxury that many people aspire to own, even if it requires many months of saving. The iPhone Index is a reminder that global economic disparities have a big impact on how accessible new technology really is for the average person.
Tech enthusiast and data scientist, I combine my analytical skills with a passion for tech News to deliver the latest insights and trends in the tech world. When I’m not crunching data, I’m blogging about the innovations shaping our digital future