How Many Days an Average Pinoy Needs to Work to Afford the iPhone 16 Pro
Friday, 13 September 2024, 06:40
Financial Snapshot of the iPhone 16 Pro
As the iPhone 16 Pro hits the market, many Filipinos are wondering how many days they need to work to save up for this premium smartphone. According to research from Picodi, the average cost of the iPhone 16 Pro and the expected salary plays a crucial role in this calculation.
Understanding the Numbers
- The average price of the iPhone 16 Pro in the Philippines is estimated at PHP 103,990.
- The typical monthly salary of a Filipino worker is approximately PHP 26,000.
- This means an average worker would need to save a significant portion of their salary each month to afford this device.
Days to Afford the iPhone 16 Pro
Based on the current salaries and prices:
- Calculate monthly savings: If a worker saves PHP 10,000 each month, it takes roughly 10.4 months to purchase the iPhone.
- Daily breakdown: This translates to approximately 261 working days, considering a 5-day workweek.
In conclusion, understanding how many days an average Pinoy needs to work to afford the iPhone 16 Pro highlights the challenges many face in making such purchases.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.