Philippines: working days needed to afford new iPhone 2023

As of September 2023, an average Filipino has to work for 79.5 days to afford the latest iPhone 15 Pro, with a storage of 128 gigabytes, which retails at around 71 thousand Philippine pesos. To afford that, an average worker who earns roughly 18.7 thousand Philippine pesos net wage monthly will have to spend all their earnings to buy the new Apple iPhone model. The number of working days an average Filipino needs to work to afford the latest iPhone model has gradually declined since 2018.

Number of working days needed to afford a new iPhone in the Philippines from September 2018 to September 2023 (in days)

Characteristic	Number of working days
-	-
-	-
-	-
-	-
-	-
-	-

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Release date

September 2023

More information

Region

Philippines

Survey time period

September 2018 to September 2023

Supplementary notes

The figures were calculated based on the official prices of the new iPhone model in relation to the average wage. In 2023, the average wage in the country according to Numbeo was roughly 18.7 thousand Philippine pesos while the new iPhone 15 Pro with 128 gigabytes was priced at around 71 thousand Philippine pesos.

Monthly wages were divided by 21 – the average number of working days in a month.

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