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Average monthly household consumption expenditure among people aged 50 or older in South Korea in 2024, by age group

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Sources

Release date

February 2025

Region

South Korea

Survey time period

2024

Age group

50 years and older

Special properties

based on household head's age

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

Average monthly consumption spending among people over 50 South Korea 2024, by age

Published by ÌÇÐÄÆƽâ°æ Research Department, Jul 21, 2025

In 2024, households managed by people aged 50 to 59 years old in South Korea recorded an average household consumption spending of roughly **** million South Korean won. With increasing age of the household manager, household expenses decreased.

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