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Average monthly household consumption spending among older adults in South Korea from 2010 to 2022

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Sources

Release date

October 2024

Region

South Korea

Survey time period

2011 to 2023

Number of respondents

10,078 respondents

Age group

65 years and older

Method of interview

Computer-assisted personal interviews (CAPI)

Supplementary notes

Figures have been rounded. 

1,000 South Korean won equals 0.74 U.S. dollars or 0.63 euros as of July 2025. 

Citation formats

Monthly household spending among older adults South Korea 2010-2022

Published by Zeynep Dierks, Jul 15, 2025

In 2022, the average monthly consumption spending among older adult households in South Korea amounted to about **** million South Korean won. This was an increase from the previous year and the same as in 2016.

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