How Much Does An iPhone Cost In Terms of Hours Worked?

CNN recently published a blog post on their tech portion of their website that regards how much an iPhone costs in terms of labor worked. They went over things like on average, if you saved a portion of your money from income, how long it would take to purchase an iPhone 6 (the 16GB model, since that is the most popular one, according to Apple). Also, they did tests like how long in regular man-hours it would take to purchase a new iPhone 6 without saving anything at all. That means no spending on food, shelter, or gas. Just straight hours to get a single iPhone. All of this information is also set out for different cities, considering the income an individual makes on average for each of those cities.

The statistics are pretty nice. Check them out (taken from CNN.com):

  • Athens – 98.2 hours
  • Bangkok – 149.6 hours
  • Beijing – 217.8 hours
  • Chicago – 28.4 hours
  • Geneva – 21.6 hours
  • Hong Kong – 51.9 hours
  • Jakarta – 468 hours
  • Kiev – 627.2 hours
  • London – 41.2 hours
  • Los Angeles – 27.2 hours
  • Mexico City – 217.6 hours
  • Miami – 27 hours
  • Moscow – 158.3 hours
  • Nairobi – 468 hours
  • New Delhi – 360.3 hours
  • New York City – 24 hours
  • Paris – 42.2 hours
  • Rio de Janeiro – 139.9 hours
  • Rome – 53.7 hours
  • Shanghai – 163.8 hours
  • Sydney – 34 hours
  • Tel Aviv – 75.3 hours
  • Tokyo – 40.5 hours
  • Toronto – 37.2 hours
  • Zurich – 20.6 hours

Pretty neat right? One of the interesting things I saw was that Chicago, Los Angeles, and Miami all neighbor right around the 27 hour range to afford an iPhone. However, Toronto, which I see as an American city (although I do understand that it is located in Canada) because I follow the NBA and the Toronto Raptors are part of an American league, is significantly higher in hours it takes to afford an iPhone 6 16GB model. Compared to the 27 hour range of Chi-town, LA, and Miami, Toronto is up there with 37.2 hours.

This also puts perspective on other countries (or cities in different countries if you like to be technical). For instance, a single glare at this list of cities says the longest it will take on average is in Jakarta, at 468 hours to afford an iPhone. That is ridiculous compared to the smallest time, in Zurich at just 20.6 hours. This just goes to show that there are people out there in the world that earn literally less than peanuts for the labor (which I will go ahead and say is usually more intensive than the labor in the United States).

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How Much Does An iPhone Cost In Terms of Hours Worked?

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