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

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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

Monthly consumption expense among people over 50 South Korea 2024, by age and type

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

In 2024, households managed by people aged 50 to 59 years old in South Korea spent most of their money on consumption expenditure on outside meals and accommodations, at around ** South Korean won. For older generations, groceries and non-alcoholic beverages were the categories they spent the most on.

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