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posted on 29 September 2015

The Working Time Required To Buy An IPhone 6

by Felix Richter, Statista.com

-- this post authored by Niall McCarthy

An iPhone 6 is an expensive gadget, no matter where you live.

However, if you live in an affluent city with a high gross salary such as Zurich, you might have to work as little as 20 hours to afford one.

By contrast, workers in Kiev have to put in an average shift of 627 hours (or 13 weeks) to afford an iPhone 6, according to the Prices and Earnings report, published every three years by Swiss bank UBS. The report takes into account local prices as well as net hourly wages for 15 professions across 11 sectors to illustrate the immense differences in price levels and buying power around the world.

This chart shows the average hours of working time required to buy an iPhone 6 (16GB) in selected cities.

Infographic: The Working Time Required To Buy An iPhone 6 | Statista

You will find more statistics at Statista

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