The Average Purchasing Power of Europeans in 2022 Is €16,344
The average per capita purchasing power in Europe in 2022 is €16,344. However, there are tremendous differences among the 42 countries.
Last month, Apple unveiled its new generation iPhone. It is interesting to see how the price differs in various countries.
In the U.S, the iPhone 11 will be available starting at $399 with a trade-in or $30/month for a two-year contract. For ease of comparison, the price of the standard model is displayed at $759 without contract, trade-in or sim-lock and including California state sales tax in our chart.
Still, the iPhone price in the U.S. is quite low compared to other countries. The Japanese are also among the luckiest Apple customers. Here, the new iPhone model is available for under $800 (including tax) for the 64 GB iPhone 11 and under $1100 for the 64 GB iPhone 11 Pro.
Indians and Russians, however, are paying a much higher price for the same phone. It will cost them upwards of $900 for the starter model and almost $1,400 for the Pro model.
Chinese customers will have to shell out the equivalent of $1222 for the Pro model, but are getting a really low price on the standard iPhone 11. At $773 it is barely above the U.S. price.
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