From New York to Moscow: how many days need to work to buy iPhone X

In the arsenal of economists are a variety of tools to assess the quality of life. However, some of them are so complex that special education is required for their understanding. Therefore, it has become very popular and well-understood visual metrics such as the well-known Big Mac index.

Analysts at UBS Switzerland's largest financial holding company recently held its interesting studyHere's how long you have to work around the world to afford an iPhone X, The subject of which was the level of wages and related purchasing power in different countries. They calculated how many days you need to work out the inhabitants of different cities to buy iPhone X.

To do this, they collected data on Apple's flagship price in each of the cities studied and the average salary of employees of 15 different specialties in this area. To participate in the study were collected information on the most common in any city in the specialties: the drivers, construction workers, health care providers, managers, teachers, doctors and so on.

The results once again stressed how different income population in different cities around the world. For example, a resident of Zurich (Switzerland) enough to work only about five days to become the owner of a brand new iPhone X. While an ordinary resident of Moscow must work 5 weeks. But this figure is not so terrible when you compare it with the performance of Lagos (Nigeria).

Smartphone iPhone XOf course, it is not a necessity. In this case, it's just a convenient example, by means of which the researchers demonstrated the difference in living standards in different countries.