by ktpsns on 9/13/22, 9:27 PM
Nice page. I guess the actual numbers are way worse: For instance, in Germany ~34kEUR is the median gross income. The country has quite a high ratio on income tax and social insurance, making the net income typically in a regime of 30-60% of the gross income. Not to even start about living expenses and rent. Of course same applies for other countries. That's why I said things are even worse :)
by dartharva on 9/14/22, 3:58 AM
An average citizen is not Apple's target market though, especially in poor countries where one excessively impoverished section brings down the whole population's average income. But these countries' marketable section of the population can be as formidable as that in any developed country. Hell, India's potential market is possibly bigger than that of several rich countries combined due to its sheer population size.
by francisofascii on 9/13/22, 8:21 PM
An IPhone 14 base model in Nigeria costs $1,571.57 after taxes, where in the US, the cost is $881.64 ($799 + taxes). Why is the cost in Nigeria so much more? Tariffs? Taxes? Even with a US salary that would be pricy. Japan is the least expensive country, $831.43.
by PentiumBug on 9/13/22, 8:03 PM
Nigeria? Heh... I give you Cuba. Monthly average salary 3902 pesos which, converted to USD, yield 31.2. It would take, what? 50 months?
by dnafq on 9/13/22, 9:05 PM
Looks like Venezuela is missing. Was expecting it to be at or near the top.
by jbj on 9/13/22, 10:13 PM
since individual states in the US have different sales tax, and supposely also not the same overall median income, I wonder if this information would give any interesting insight.