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iPhone mobile phones represent a kind of standard in the mobile and communication industry

How many working days do we need to afford Apple’s iPhone 14 Pro – iPhone Index 2022

iPhone Index 2022: how many working days do we need to afford Apple’s newest iPhone 14 Pro? iPhone Index 2022: how many working days do we need to afford Apple’s newest iPhone 14 Pro?
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iPhone mobile phones represent a kind of standard in the mobile and communication industry. Each year Picodi.com publishes the iPhone index and for 2022 year it represents the local value of an iPhone 14 Pro expressed in the number of workdays per average worker.

iPhone Index 2022: how many working days do we need to afford Apple’s newest iPhone 14 Pro?

United States

In the US, the iPhone 14 Pro in its base version (128 GB) was priced at $999. However, it is worth noting, that this is the net price, valid only in four states where the sales tax is 0%. In New York, Apple’s newest flagship will cost $1,087.66 (including the 8.875% sales tax), which is the price used in these calculations.

According to the latest BLS data, the average wage in the United States is $58,620 gross yearly ($4,018.21 net monthly). This means that an average American has to work for 5.7 days in order to purchase the iPhone 14 Pro, provided that all the money earned is saved for this purpose. Compared to the previous year, the number of days required decreased by 0.2 days.

This is what iPhone Index looked like in the US in the last 5 years:

  • 2018 – 8.4 days
  • 2019 – 5.8 days
  • 2020 – 6.1 days
  • 2021 – 5.9 days
  • 2022 – 5.7 days

Other best countries

An average citizen of Switzerland will earn money for the newest iPhone the quickest – only 4.6 days. An average Australian will be able to afford the newest gadget after working for 6.1 days, and Emirati – after 6.5 days.

Worst results

Among the countries included in the ranking, the worst result was noted in Turkey, where the iPhone is worth 146.7 man-days. The second and third worst result belongs to the Philippines and Brazil – 90.9 and 74.2 days respectively.

Methodology and sources

iPhone Index is an annual iPhone price to the average wage ratio, carried out by Picodi.com since 2018.

iPhone Index 2022 was calculated based on the official prices of the iPhone 14 Pro (with 128 GB of memory) presented either by the local branches of Apple or by the authorized sellers. The average wages were taken from the countries’ official statistics office websites and are up-to-date with the prices of the iPhone published in each country. Net wages were obtained through salary calculators. Monthly wages were divided by 21 – an average number of workdays in a month. In countries, where statistics offices use weekly rates, the wages were divided by 5.

History & Specifications

The iPhone 14 Pro and iPhone 14 Pro Max are smartphones designed, developed, and marketed by Apple Inc. They are the sixteenth-generation flagship iPhones, succeeding the iPhone 13 Pro and iPhone 13 Pro Max. The devices were unveiled alongside the iPhone 14 and iPhone 14 Plus during the Apple Event at Apple Park in Cupertino, California, on September 7, 2022. Pre-orders for the iPhone 14 Pro and 14 Pro Max began on September 9, 2022, and were made available on September 16, 2022.

The iPhone 14 Pro and iPhone 14 Pro Max are the first iPhones to have a new type of display cutout called “Dynamic Island”, replacing the notch design that has been in use since the iPhone X was introduced. Along with the iPhone 14, iPhone 14 Pro models add bidirectional satellite connectivity to contact emergency services when out of range of Wi-Fi and cellular networks. iPhone 14 Pro and iPhone 14 Pro Max models (as well as the iPhone 14 and 14 Plus) sold in the United States dropped support for physical SIM cards, making them the first iPhone models since the CDMA variant of the iPhone 4 to lack a discrete SIM card reader.

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