![]() However, many countries have experienced inflation and growth in purchasing power in the years between, and our research shows that iPhone prices have risen 10% higher than local inflation rates. ![]() This means that in 2022, the latest flagship iPhone model costs $426 more to buy in each of the 38 countries it's available in than it used to. ![]() launch in 2007 and subsequent years in other countries, iPhone prices have increased by 72% across the globe. In comparison, people in the US need to spend just 1.05% (the 4th lowest around the world) The iPhone 14 is most expensive for people in India, who have to spend 12.05% of their yearly purchasing power to own one.Residents of Ireland have seen prices fall by 48% when adjusted for inflation, because of local inflation rates rising faster than iPhone price increases.Residents in the UAE have seen iPhone prices rise the fastest of all countries compared to local inflation, with prices rising 60% faster than inflation.When adjusted for inflation, that means an iPhone costs $29 more today than when it was originally launched for all people around the world.Around the world, flagship iPhones have risen an average of 7.04% per year in price from 2007 to 2022, compared to purchasing power which has risen 4.35% per year.In the U.S., the cost of iPhones has risen over 60% since launch in 2007, slightly outstripping local purchasing power (58.5%) meaning an iPhone now costs $7.89 more when accounting for inflation.The price of the iPhone 14 is 72% higher ($426) on average around the world than the first iPhone models.Data & Guides Money iPhone Price Index Key Statistics
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