- Based on the median salary, a British citizen needs to spend 2.99% of their yearly salary, or 35.92% of their monthly salary to purchase the new iPhone 14
- This is approximately 62.26 hours of work, or 7.78 days of work
- The UK is the 18th most affordable country in the world to purchase an iPhone 14, and the 15th least expensive

CompareDial can reveal a typical Brit needs to spend 2.99% of their yearly salary, or 35.92% of their monthly salary to purchase the base model iPhone 14 128GB. This is approximately 62.26 hours of work, or 7.78 days of work.

The discovery comes after analysing median salaries and iPhone 14 price data from 76 countries across the world.

The UK ranks in 18th place for affordability, just behind Canada in 17th place (2.97% of a yearly salary), and in front of Iceland in 19th place (3.04% of a yearly salary). Within Europe, the UK ranks in 11th place for affordability.

In terms of price, the UK is the 15th least expensive country for an iPhone 14, with the base model starting from £849. This is an 8.99% increase from the iPhone 13, which launched for £779 in September 2021.

Adrian Vincent, the founder and CEO of CompareDial, said: “Given the current cost of living crisis, it may not seem like it, but the UK remains one of the most affordable countries in the world to purchase an iPhone 14. However, spending 2.99% of a typical yearly salary is still a significant amount, meaning Apple’s latest device remains a luxury item for most people.”

The least affordable country in the world is Nigeria, with a citizen from the West African country needing to spend a whopping 69.12% of their yearly salary to get their hands on the latest Apple device.

As for the most affordable, Luxembourg takes the crown, with a typical citizen needing to spend just 1.61% of their yearly salary. Switzerland follows closely in second place at 1.67%.

Interactive version with further data: https://www.comparedial.com/iphone-14-index