How Much Does an iPhone 15 Cost Across The World?
Since the first iPhone was launched in 2007, it has become one of the most purchased products throughout the world. Even if the competition on the smartphones market is getting always stronger, the iPhone price remains in 2023 a very reliable indicator for what concerns the cost of tech products in the different parts of the world. With the release of the iPhone 15, HelloSafe looked at the different prices of this new iPhone around the world.
Good to know
This map shows the average price (in Canadian dollars, taxes included) of an iPhone 15 (256 GB) in 36 countries as of September 2023. It was produced using information collected from the Apple sites. Prices are given in Canadian dollars converted from local currencies displayed on Apple sites worldwide, and include consumption taxes (such as VAT in France) applied at national level. They do not include taxes levied locally in each province in Canada or in each state in the United States or example.
- In 15 years, the median price of an iPhone has become 3 times more expensive in Canada, from $589.62 in 2007 to $1,669 in 2022.
- Globally, Canada is in 3rd position in the countries where the iPhone 15 is the cheapest ($1,279).
- As of September 2023, the United States has the lowest iPhone 14 price in the world ($1,210).
- On the opposite, Turkish consumers have to pay $1,261 more than the American one, with an iPhone 14 cost around $2,
In 15 years, the price of an iPhone in Canada has tripled
Since its launch in 2007, the iPhone price has steadily increased in Canada and around the world. With the release of the iPhone XS and XS Max in 2018, it even skyrocketed to a median price level never seen before ($1,514). We observe an increase of +$1,079.38 between the median price of the first iPhone model in 2007 and that of an iPhone 14 in 2022, we notice an increase of 183% in 15 years.
Source: Apple.com
Good to know
The iPhone prices represent the median price between the cheapest and most expensive iPhone prices across all models available in the release year in question since its creation in 2007.
$1,261 is the difference between the most expensive (in Turkey) and the cheapest (in the U.S.) iPhone 15
The costs of an iPhone between the 36 countries we compared are very different from one to another. We notice that the iPhone prices are relatively low in Asia, meanwhile in Europe is faced with quite expansive prices.
On the other hand, the price of an iPhone 15 in the United States is much lower than other countries, especially European countries, and Turkey. But how can we explain it? By analyzing the current situation in the U.S., we notice that the main factors leading to the low cost of iPhone 14 are the exclusion of sales tax in its price (as it differs from one US state to another) and the exchange rate (collapse of the Turkish lira since 2021 against the USD).
Since the release of the iPhone 13, this gap between the most expensive and the cheapest iPhone in the world has continued to widen. Today the difference between the United States ($1211) and Turkey ($2672) is about $ 1,261 for purchasing an iPhone 15.
Top 3 countries where the iPhone 15 is the most expansive
The world iPhone 15 price index ranking
Canada is in 3rd place in the ranking of the countries that benefit from the cheapest iPhone 15. Thus, the purchase price for an iPhone 15 in Canada is relatively affordable compared to the rest of the world. The price of an iPhone 15 in Turkey ($2,672) is more than twice that of an iPhone in Canada ($1,279).
| Rank | Country | iPhone 15 (256 GB) price |
|---|---|---|
| 1 | Turkey | $2,672 |
| 2 | Brazil | $2,212 |
| 3 | Denmark | $1,691 |
| 4 | Mexico | $1,679 |
| 5 | Norway | $1,679 |
| 6 | Poland | $1,655 |
| 7 | Hungary | $1,654 |
| 8 | Sweden | $1645 |
| 9 | Finland | $1,604 |
| 10 | Portugal | $1,604 |
| 11 | Ireland | $1,589 |
| 12 | Italy | $1,589 |
| 13 | Czechia | $1,585 |
| 14 | Belgium | $1,575 |
| 15 | France | $1,575 |
| 16 | Netherlands | $1,575 |
| 17 | Spain | $1,560 |
| 18 | Austria | $1,546 |
| 19 | Germany | $1,546 |
| 20 | Philippines | $1,518 |
| 21 | Luxembourg | $1,510 |
| 22 | New Zealand | $1,484 |
| 23 | United Kingdom | $1,480 |
| 24 | Australia | $1,470 |
| 25 | India | $1,457 |
| 26 | Singapore | $1,438 |
| 27 | Switzerland | $1,419 |
| 28 | Malaysia | $1,409 |
| 29 | South Korea | $1,408 |
| 30 | United Arab Emirates | $1,393 |
| 31 | Thailand | $1,375 |
| 32 | Hong Kong | $1,327 |
| 33 | China | $1,290 |
| 34 | Canada | $1,279 |
| 35 | Japan | $1,268 |
| 36 | United States | $1,211 |
Methodology
In this study, HelloSafe wanted to compare the various prices of the iPhone 15 displayed in Canada and around the world, so that Canadian consumers are better able to compare the prices of a popular product in today's society. This study is based on information from public and private sources such as Apple.com. Prices have been converted into Canadian dollars with the 27 of September 2023 exchange rate. The map is therefore likely to change rapidly, in particular due to variable exchange rates, and thus has an indicative value.
In addition to its expert editorial line around insurance and financial products, HelloSafe offers broader topics relating to global consumption in Canada and around the world. Its aim is to decipher certain complex subjects for consumers and to provide everyone with the latest information.
About HelloSafe Canada
HelloSafe is an insurtech specialist in travel insurance on the Canadian market. Using proprietary technology, we provide access to the best travel insurance solutions and expert advice via a single, anonymous platform. Our team supports thousands of travellers every month with dedicated products, continuously updated content and innovative digital tools.
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