How long does it take to work in New York and Kiev to buy an iPhone
How many hours should you work to buy a new iPhone 6 16GB? If you are a resident of New York, then you need to work for 24 hours. But if you work in Kiev (Ukraine), you need to work hard for 78 days, or 13 weeks to afford the exact same phone.
These are the results of the Swiss UBS Bank. Every three years, he conducts a study "Prices and revenues." In 2015, the Swiss studied purchasing power in an 71 city around the world.
The report calculated the income and cost of living. This data is used to calculate global country ratings. But it can also be used to compare the cost of food, rental housing, clothing and public transport in different parts of the world. Supervision is conducted from 1971 of year.
In order to make an informed comparison, UBS chooses “basic consumer products” that can be bought anywhere in the world. This rice, bread, Big Mac, and, apparently, the iPhone.
Even faster than in New York, on the iPhone you can earn in Zurich and Geneva. To do this, people need to work there, in contrast to Kiev, the entire 20 hours. But Kiev is hitting Nairobi's labor hours if it comes to Big Mac: 55 minutes versus 173. The winner in the ability to buy fast food is Hong Kong. Its locals need just 9 minutes to earn a burger.
The study can be found. in the UBC report.
Subscribe to ForumDaily on Google News
-
Personal experience: who and why you should not move to the USA5614
-
50 diseases whose presence will increase the cost of health insurance in the USA4329
-
Great opportunities with ChatGPT: 12 easy ways to make money using artificial intelligence1324
-
What should not be on your resume if you want to find a job in the USA763
-
Four unforgivable mistakes immigrants make to the United States552
-
Dependence on cars and one supermarket per city: why ours is unusual in one-story America403
-
Ten secret restaurants in the USA: what is their highlight and how to find them254
-
Personal experience: who and why you should not move to the USA5614
-
Where in the USA to buy the medicines we are used to: a list of pharmacies5330
-
How to hit the jackpot: tips from a man who won the lottery 7 times4898
-
50 diseases whose presence will increase the cost of health insurance in the USA4329
-
Street, avenue, boulevard or drive: how to understand the classification of US streets and roads1461
-
Personal experience: what not to do in America1402
-
Great opportunities with ChatGPT: 12 easy ways to make money using artificial intelligence1324