this post was submitted on 16 Sep 2023
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How expensive The iPhone 15 is around the world (i.imgur.com)
submitted 1 year ago by Bloodyashes@lemm.ee to c/dataisbeautiful@lemmy.ml
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[–] lustrum@sh.itjust.works 10 points 1 year ago* (last edited 1 year ago) (1 children)

Calculating the UK out:

  • £799 for the phone
  • 2.91% of pay
  • Salary they calculated it at is £27,457

That sits abit lower than the median here in the UK but the mean is much higher

[–] bleistift2@feddit.de 12 points 1 year ago (1 children)

The UK government says the median household income is 32,349£, the mean is 39,328£ in 2022. Data from 2020: the median was 29,900£, while the mean was 36,900£.

In both cases the median comes way closer to the £27,457 you calculated than the mean.