iPhone craze expensive for Indians: Indians need 700+ hours of work to buy iPhone 13, only 34 hours for Swiss people, know why?
Due to the special operating system (IOS) and user interface design, the iPhone is the favorite phone of many people in the world. All the series of Apple are expensive as compared to other brands. That's why iPhone has become a status symbol in many countries including India. Even before the arrival of the new series, there is a competition among the users to buy it first. At present, the craze of iPhone 13 is being seen from elders to children. You will be surprised to know that according to a research, an Indian will have to work many times more than other countries to fulfill this expensive hobby.
Money Supermarket recently conducted research on how many hours people in 38 countries need to work to buy an iPhone 13. According to this research, to buy an iPhone 13, an Indian needs to work on an average 724 hours as compared to other countries. Whereas the people of Switzerland need to work the lowest average of 34.3 hours. Surprisingly, the creator of the iPhone is not on the top of the US research list, but at number three.
Let us know that according to research, people of which countries need to do so much work to buy iPhone 13 ...
Research done on the basis of this scale
Actually, due to many reasons, the price of iPhone is different in every country. This includes import duties, taxation norms and fluctuations in currency exchange rates and per capita income of that country. Money Supermarket has calculated the average per capita monthly income of all countries based on 'Our World in Data' and 'Numbeo' data as per working 8 hours a day.
Numbeo in its research has given per capita monthly income in India as US $ 449.58 i.e. Rs 33,391. Which is very less as compared to the people of other countries.
The average per capita income of Indians is very low
Research has found that the average per capita income in India is much lower than the rest of the countries. Therefore, Indians have to pay more for the iPhone than the people of other countries. Because of this, Indians will have to work more hours than other countries to buy the iPhone 13.
According to research, India is the second country where people need to work longer hours to buy an iPhone. Indians will be able to buy the new iPhone 13 only if they work an average of 724 hours i.e. 90 days. Whereas buying other series of iPhones like 'iPhone 13 Pro' or 'iPhone 13 Pro Max' requires even more hours of work.
Filipinos need to work the most
More Filipinos need to work than India to buy an iPhone. According to research, the amount of money people in Filipinos need to earn to pay the price of the iPhone 13, they will have to work an average of 775 hours. i.e. 97 days (more than 3 months).
The tax on iPhone is high in the Philippines. People in the Philippines pay about 17% more for an iPhone than the US.
iPhone 13 most expensive in Brazil
The most expensive iPhone in the world is sold in Brazil. Brazilians will have to spend 65.2% more money to buy the iPhone 13 than people in the US. The reason for this is the tax on the iPhone in Brazil and the weak currency there. The iPhone in Brazil has to pay more tax than the Philippines. That's why iPhone 13 is the most expensive in Brazil.
On average, employed people in Brazil need to work 690.5 hours to buy a new iPhone.
The people of Switzerland need to work the least
The residents of Switzerland need to put in the least effort to buy the iPhone 13, because people there can buy the iPhone 13 with the least amount of hours of effort. On an average, just 34.3 hours of work is enough for a Swiss citizen to buy an iPhone 13. The biggest reason for this is the salary of the people here. According to an estimate, the average annual salary of the people here is $79,270 i.e. Rs 58,85,282.
According to research, the average salary of citizens of Switzerland is the highest in the world. Apart from this, Switzerland is one of the top 10 countries where the price of iPhone 13 is low due to other reasons.