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Purchasing power parity
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====iPad Index==== Like the [[Big Mac Index]], the iPad index (elaborated by [[Commonwealth Securities|CommSec]]) compares an item's price in various locations. Unlike the [[Big Mac]], however, each iPad is produced in the same place (except for the model sold in Brazil) and all iPads (within the same model) have identical performance characteristics. Price differences are therefore a function of transportation costs, taxes, and the prices that may be realized in individual markets. In 2013, an iPad cost about twice as much in Argentina as in the United States. {| class="sortable wikitable" |- ! Country or region !! Price<br>(US dollars)<br><ref>{{cite web|url=http://www.theage.com.au/business/markets/is-the-aussie-too-expensive-ipad-index-says-no-20130923-2u9jj.html|title=Is the Aussie too expensive? iPad index says no|author=Glenda Kwek|work=The Age|date=23 September 2013}}</ref><ref>{{cite web |url=https://northremovals.com.au/melbourne-vs-ballarat-cost-of-living/ |title=Melbourne vs. Ballarat: Cost of Living, Jobs, and Lifestyle Comparison |author=Joaquin Trapero |date=12 December 2024 |access-date=2025-02-08}}</ref><ref>[https://www.comsec.com.au/] ''[[Commonwealth Securities]]'' 23 September 2013</ref><ref>{{cite web |url=http://www.businessinsider.com/how-much-an-ipad-costs-in-46-countries-2013-9 |title=Here's How Much An iPad Costs In 46 Countries |author=Liz Tay |publisher=Business Insider Australia |date=September 23, 2013 |url-status=live |archive-url=https://web.archive.org/web/20231023104312/http://www.businessinsider.com/how-much-an-ipad-costs-in-46-countries-2013-9 |archive-date= Oct 23, 2023 }}</ref> |- | Argentina || $1,094.11 |- | Australia || $506.66 |- | Austria || $674.96 |- | Belgium || $618.34 |- | Brazil || $791.40 |- | Brunei || $525.52 |- | Canada (Montréal) || $557.18 |- | Canada (no tax) || $467.36 |- | Chile || $602.13 |- | China || $602.52 |- | Czech Republic || $676.69 |- | Denmark || $725.32 |- | Finland || $695.25 |- | France || $688.49 |- | Germany || $618.34 |- | Greece || $715.54 |- | Hong Kong || $501.52 |- | Hungary || $679.64 |- | India || $512.61 |- | Ireland || $630.73 |- | Italy || $674.96 |- | Japan || $501.56 |- | Luxembourg || $641.50 |- | Malaysia || $473.77 |- | Mexico || $591.62 |- | Netherlands || $683.08 |- | New Zealand || $610.45 |- | Norway || $655.92 |- | Philippines || $556.42 |- | Pakistan || $550.00 |- | Poland || $704.51 |- | Portugal || $688.49 |- | Russia || $596.08 |- | Singapore || $525.98 |- | Slovakia || $674.96 |- | Slovenia || $674.96 |- | South Africa || $559.38 |- | South Korea || $576.20 |- | Spain || $674.96 |- | Sweden || $706.87 |- | Switzerland || $617.58 |- | Taiwan || $538.34 |- | Thailand || $530.72 |- | Turkey || $656.96 |- | UAE || $544.32 |- | United Kingdom || $638.81 |- | US (California) || $546.91 |- | United States (no tax) || $499.00 |- | Vietnam || $554.08 |- |}
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