Picodi.com analytics compared iPhone 12 Pro (128 GB) prices with the average wages in selected countries in order to count the number of workdays required to buy the new Apple’s flagship.
The official price of iPhone 12 Pro in 128 GB version in India is going to be ₹85,900. However, buyers will find neither a charger nor earphones in this year’s flagship’s box.
It would take 54.4 days for an average Indian to save up for the new iPhone
India’s score improved by 12.3 days compared to the previous year
The Swiss should be able to afford iPhone 12 Pro in only 4.4 day
According to Numbeo, the average wage in our country amounts to ₹33,160.56. It means that a statistical Indian would have to work for 54.4 days to afford the iPhone 12 Pro. (without eating anything). In comparison with the last year iPhone Index, India’s result improved by 12.3 days.
India is among the countries with the worst score, along with Mexico: in this country, an average citizen would have to lay aside 54.4 days worth of wages to buy a new iPhone, same as Indians.
On the other hand, high earnings in Australia, the United States and Switzerland allow to buy the new iPhone in 6.6, 6.1 and 4.4 days respectively.
Methodology and sources
The iPhone Index 2020 has been calculated on the basis of iPhone 12 Pro prices announced publicly on local Apple or authorised seller websites. The average salaries come from the countries’ official ministry or statistical office pages and are valid for the date of publishing iPhone prices in the respective countries. Net wages were obtained using local salary calculators. In the absence of official up-to-date information, the average wage is based on Numbeo data for October 2020. Monthly salaries were divided by 21 — the average number of workdays in a month. In countries where statistical offices use weekly wages, we divided the salary by 5.