How many days does Vietnamese person need to work to afford iPhone 16 Pro?

By Bao Lam September 19, 2024 | 03:00 pm PT

The iPhone 16 Pro (right) and iPhone 16 Pro Max at their launch event in September 2024. Photo by VnExpress/Tuan Hung

It takes 53.1 days’ wages for the average Vietnamese person to buy a 128 GB iPhone 16 Pro, according to e-commerce platform Picodi.com’s iPhone Index.

This is an improvement from the 55.6 days required for the iPhone 15 Pro last year.

The index compiles the iPhone price-to-wage ratios annually in markets where the devices are officially sold. It calculates the wages by dividing the monthly incomes by 21, the average number of working days in a month.

Vietnam is among the markets where it takes the longest to buy the phone after Turkey (72.9 days), the Philippines (68.8 days) and Brazil (68.6 days).

The 128GB iPhone 16 Pro costs VND28.99 million (US$1,180) in Vietnam where the average monthly net wage is VND11.48 million, according to data Picodi used to calculate the index.

The markets where people take the fewest working days to buy the phone are Sweden (4 days), the U.S. (5.1 days) and Australia and Singapore (5.7 days).

The iPhone 16 is expected to be launched in Vietnam on Sept. 27.