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Andressa

Guys, how much one new Iphone costs where you live?

Here, when the iPhone 14 launched it was 8K reais (our dólar.)

When the Iphone 15 launches its gonna be the same or more. The Iphone 15 pro will probably cost 10k reais.

Our national minimal wage is 1,4k

twopack 2y ago

Absolute numbers can be deceiving, because they don't account for the cost of living in your country. A more meaningful measure would be "a new iPhone 14 costs x Big Macs."

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Discussion

Andressa 2y ago

Our minimal wage gives less than 50 reais a day, and 1 big Mac costs 25.

Without the french fries and soda.

I guess like this already helps

twopack 2y ago

That's 320 Big Macs.

Andressa 2y ago

You guys has 5 times more capacity of buying something. So this Big mac thing is not working to explain a whole country economic situation either.

twopack 2y ago

I don't know about five times, but yes, more capacity. And I agree that the Big Mac is also not a good measure.

twopack 2y ago

By that measure the cheapest iPhone 14 costs between 152 and 204 Big Macs in the US (Big Mac prices vary from state to state).