Turkey has broken the record for the highest priced iPhone 14 models. According to the portal nukeni, the cheapest model available in Turkey costs 30,999 Turkish Liras or $1,700.
After Turkey, Brazil is in second place for the most expensive iPhone, with iPhone 14 models priced from $1,459. Hungary, meanwhile, overtook Sweden to take third place with $1,134.
In the U.S., the cheapest iPhone 14s sell from $829, while in the UAE from $925.
In 2021, when Apple released its iPhone 13 models, Brazil was the global price leader for the regular models, while Turkey led the way in the Mini, Pro and Pro Max categories.
Sharp differences in prices arise because of taxes. Turkey is one of the most ambitious countries in the world when it comes to collecting indirect taxes.
On July 1, the Turkish government raised the country's minimum monthly net wage by 30 percent to 5,500 Turkish liras ($302).
About half of Turkey's labor force earns the minimum wage. The average Turk can buy an iPhone 14 in six months if he doesn't spend his salary on anything else