iPad Price Index: Argentina, $1094; Malaysia, $473
One way to measure the real value of currencies around the world is to price everyday items that real people in different countries use. Hence, the ComSec iPad Price Index, which is an interesting if throwaway read — perfect for a Monday.
Australia’s Commonwealth Bank likes to price standard commodity products, like Apple’s, and generate ranked list of the cheapest and most expensive places to buy them. Their latest iteration is the ComSec iPad Price Index (pdf):
But, don’t kid yourself, the $1,094 folks in Argentina pay for a basic 16GB iPad doesn’t include a nifty case, like the one shown above.
And, isn’t interesting that the US (ex-tax) ranks very well on ComSec’s international iPad Price Index? Yes, our wages have stagnated, but the buying power, at least when measured in iPads, is looking relatively good…
What’s your take?