In recent times, there was fixed dialogue that bikes are costly. However how costly? I’ve tried as an example the reply to this query with this so-called Specialised S-Works SL8 Index. It illustrates price-to-wage ratios, i.e., how lengthy the inhabitants of the chosen nations have to save lots of up for this bike, considering the common web revenue and the value of the SL8 within the nation.
Economically sturdy nations like Switzerland, Singapore, the US, Australia, and others are topping the chart. Locals will save up for the S-Works SL8 in 55 to 77 working days, assuming they don’t spend on the rest. In distinction, in nations similar to Colombia, that point is nearly 980 working days. Colombians thus save nearly 18 occasions longer on SL8 than the Swiss.
It’s additionally attention-grabbing to notice that many street bikes are costlier than the S-Works Tarmac SL8 with Dura-Ace Di2 or SRAM RED groupset1, which prices $14,000 within the US2. You’ll be able to try my different analysis for more information. Nonetheless, I opted for this bike as a result of it is without doubt one of the most well-known.
Methodology and Limitations of This Analysis
Please word that the variety of working days is probably not actual. I’ve drawn the latest common revenue knowledge from publicly out there sources (principally for the yr 2023) and calculated web revenue utilizing on-line calculators. Nonetheless, totally different sources gave barely totally different values for common revenue, and the calculators may additionally not be correct. I’ve taken the costs of the Specialised S-Works SL8 from the official specialised.com web site for the respective nations. You’ll be able to see the supply knowledge right here. I calculated 21 working days, which is the common variety of working days in a month.
Please let me know in case you discover any errors so I can appropriate them. Thanks!
Conclusion
This index neatly illustrates not solely the sacrifice one has to make when shopping for a high-end street bike but in addition how large open the scissors are between some nations.
I hope you loved this analysis. It required lots of time and vitality, so I’d adore it in case you’d share it in your social networks, web sites, or movies, citing cyclistshub.com because the supply.
What do you concentrate on the bike costs? Are they justifiable or too excessive? Do you dream about shopping for such an costly bike, or are you proud of a extra inexpensive one?
FAQ
Updates
Could 22, 2024: Mounted the numbers for Colombia and Mexico. The earlier wage was already web wage, not gross.
