Is it worth it? This should save a lot of money to be able to have the latest and best technology cell phone.
With the announcement of the new iPhone 16 , many Hondurans are wondering how long they will need to save up to be able to acquire this coveted technological device.
Based on an analysis of the minimum wage and international prices, it is estimated that an average citizen in Honduras would have to spend approximately 3.4 months of full salary to buy the phone without any other expenses.
In 2024, the minimum wage in Honduras fluctuates between 8,803.70 and 13,156.53 lempiras per month, depending on the sector and size of the company.
The cost of the iPhone 16 in the US market is estimated at $999, which would be equivalent to around 24,470 lempiras in local currency.
While these estimates are approximate and subject to fluctuations due to exchange rates and other economic factors, they underscore the reality that acquiring cutting-edge technology is a significant challenge for many in Honduras, putting the accessibility of global products in lower-income markets into perspective.
This situation highlights not only the economic gap between Honduras and countries with greater purchasing power, but also the impact of global trends on the personal finances of Hondurans.
