How much of a yearly salary you need to spend to afford an iPhone 15 around the world

Myanmar is the least affordable country worldwide to buy the iPhone 15. A Burmese citizen needs to spend 89.97% of their yearly salary to purchase the base model iPhone 15 128GB.

This is approximately 1,871.28 hours of work, or 233.91 days of work.

In terms of price, Myanmar is the 9th most expensive country in the world for an iPhone 15, with the base model iPhone 15 128GB totalling $1,428.29 USD after taxes.

The most expensive model, the iPhone 15 Pro Max 1TB, costs $2,858.37 - 180.04% of a yearly salary.

iPhone 15 price data from Apple Authorised Resellers in Myanmar. Includes total sales taxes.

Yearly salary data based on $1,587.60 median yearly salary in Myanmar.

Yearly median salary data sourced from Our World in Data, The World Bank DataBank and Burmese government / ministry data.

Work hours and work days calculations assume 8 hour shifts for 5 days per week.

Least affordable: Myanmar

Not surprisingly, Myanmar is the least affordable country in the world to purchase an iPhone 15.

A declining median salary due to political instability, together with high import taxes and a diminishing currency, means an average Burmese citizen needs to spend a whopping 89.97% of their yearly salary to purchase the base model iPhone 15.

Most affordable: Luxembourg

For the second year in a row, Luxembourg is the most affordable country in the world to purchase the latest iPhone.

With one of the highest median salaries in the world, coupled with a relatively low tax rate, it should come at no surprise that a Luxembourger only needs to dish out 1.55% of their yearly salary to get their hands on an iPhone 15.

Source: Comparedial