An iPhone 6
is an expensive gadget, no matter where you live. However, if you live in an affluent city with a high gross salary such as Zurich, you might have to work as little as 20 hours to afford one. By contrast, workers in Kiev have to put in an average shift
of 627 hours (or 13 weeks) to afford an iPhone 6, according to the Prices and Earnings report
, published every three years by Swiss bank UBS. The report takes into account local prices as well as net hourly wages for 15 professions across 11 sectors to illustrate the immense differences in price levels and buying power around the world.