In Australia we like to whinge about the cost of smartphones because of the 'Australia tax', but how do we rank compared to other countries? A new study comparing the costs of goods and services around the world includes a ranking of what you'll pay to buy an iPhone 6 outright.
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Deutsche Bank's Mapping The World's Prices 2015 includes a comparison of current prices for the iPhone 6 16GB model, relative to the US price. This table shows the cost in US dollars for that model in 20 countries, and the percentage of the US dollar price that represents:
|Country||$US price||% of US price|
On this measure, we're paying a premium in Australia for the iPhone 6, but nowhere near as much as some other countries.
The Deutsche Bank study also compares the cost of numerous other services and products, from Big Macs to weekends away. As usual, we'd advise caution when interpreting this to mean that Australia is "the most expensive place in the world" (though you'll find that headline everywhere). Those numbers don't take any account of relative incomes and taxation levels, and if you chose a currency other than the US dollar as the basis of the comparison, the outcomes could be very different.