Infographics
We have three infographics for the above data: World, World map and Europe.
Least affordable: Nigeria
A Nigerian citizen needs to spend 69.12% of their yearly salary to purchase the base model iPhone 14 128GB.
Despite a comparable median salary to India, iPhone 14 deals starts at a whopping $1,571.57, making Nigeria the least affordable and 3rd most expensive country in the world. The high cost is mainly due to costly import fees and various logistic challenges in the West African country.
Most affordable: Luxembourg
Coupled with a relatively low tax rate and the highest median salary in the world, it’s no surprise that Luxembourg is the most affordable country for an iPhone 14, with the average citizen only needing to spend 1.61% of their yearly salary to purchase the base model iPhone 14 128GB.
Priced at $985.22, this makes Luxembourg the 16th least expensive country for an iPhone 14 - just behind the UK in 15th place at $976.48.
Most expensive and largest price increase: Turkey
With raging inflation and a rapidly declining lira, Turkey is the most expensive country in the world to purchase an iPhone 14.
Priced at $1,699.80, a Turkish citizen needs to spend 26.47% of their yearly salary to purchase the base model iPhone 14.
In addition to being the most expensive country, the iPhone 14 in Turkey has seen the largest change in price at a staggering 158.35% increase - from 11,999 lira for the iPhone 13 128GB (at launch), to 30,999 lira for the iPhone 14 128GB.
Least expensive: Japan, China and USA
Despite a 20.04% increase in price, Japan remains the cheapest country to purchase an iPhone 14, with the base model starting from $831.43.
China follows in second place at $862.22, with the USA in third at $881.64. Both countries have not seen a price increase from the iPhone 13.
No price increase in 8 countries
Compared to the iPhone 13, the iPhone 14 has increased in price in nearly all countries, ranging from 1.32% (Saudi Arabia) to 158.35% (Turkey).
However, the following 8 countries are exceptions, with a 0% price increase:
- Brazil
- Canada
- China
- India
- Mexico
- Singapore
- UAE
- USA
UK
CompareDial can reveal a typical Brit needs to spend 2.99% of their yearly salary, or 35.92% of their monthly salary to purchase the base model iPhone 14 128GB. This is approximately 62.26 hours of work, or 7.78 days of work.
More information: A typical Briton needs to spend 2.99% of their yearly salary to afford the latest iPhone 14
Methodology
Yearly salary based on yearly median salary, sourced from Our World in Data, The World Bank DataBank and government / ministry data in respective countries.
iPhone 14 price data sourced from the Apple Store or Apple Authorised Resellers in each country. Prices include all sales taxes. Prices correct as of 9th September 2022.
For countries where tax varies by state (USA and Mexico), we use the average combined sales tax (6.35% and 10.99% respectively).
About CompareDial
CompareDial is an Ofcom approved comparison website for mobile phone contracts and SIM only deals in the UK.
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