A close look at iPhone 7 and iPhone 7 Plus prices reveals that Hungary customers will bear the heaviest weight when it comes to buying these fresh Apple devices. On the other hand, iPhone lovers from the United States will enjoy the best prices.
According to Telegraph, Hungary customers will pay up to 44 percent more for the iPhone 7 entry model compared to those of the U.S. That means that a customer in Hungary will almost use the cost of two iPhone 7s, just to buy one.
In the United Kingdom, the price of the iPhone has risen by $79.60 compared to 2015, although the storage of the entry-level has increased to 32GB. However, according to Mac World, the U.K. is still one of the cheap places to buy iPhone 7 and iPhone 7 Plus. In fact, the price of the entry model is $794.66 compared to $929.42 in Hungary.
Since Apple typically books its sales in dollars, this scenario leads to a price rise in many countries because other currencies fall against the U.S. currency. Judging by the statistics, iPhone lovers in Europe face the highest prices compared to the rest of the world.
Hangary leads the pack, followed by Italy and Norway. iPhone 7 costs so much in these countries that the prices are hundreds of pounds higher than those of the U.S. Customers in the U.S. will buy the same 32GB model for only $647 while those in Canada for $692.
However, according to financial analysts, the iPhone 7 price picture is slightly complicated by sales taxes. Apple's prices for U.K. customers and majority of countries in the world include sales taxes, which push the prices up beyond those of the U.S. and Canada.
On the other hand, Canada and the U.S. do not include iPhone sales taxes because of state-by-state variations. In New York, for example, it takes 8.875 percent of sales tax to buy an iPhone, something that other states do not have. As such, prices in New York will go beyond $700 while other states will enjoy lower prices.