In 2024, the average annual household expenditure on housing in South Korea amounted to approximately 3.97 million South Korean won. This was an increase from the previous year and the highest amount since 2012, when it was around 2.92 million won.
Average annual household expenditure on housing in South Korea from 2012 to 2024
(in million South Korean won)
Household consumption expenditure includes consumer spending on products and services for food and drinks, housing, education, health, transport, communication, and others.
1,000 South Korean won equals 0.68 U.S. dollars or 0.66 euros as of January 2025.Â
Values have been rounded.
Reference period is the calendar year preceding the survey year.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
KOSIS. (December 9, 2024). Average annual household expenditure on housing in South Korea from 2012 to 2024 (in million South Korean won) [Graph]. In Statista. Retrieved May 13, 2025, from https://www.statista.com/statistics/995879/south-korea-annual-household-expenditure-on-housing/
KOSIS. "Average annual household expenditure on housing in South Korea from 2012 to 2024 (in million South Korean won)." Chart. December 9, 2024. Statista. Accessed May 13, 2025. https://www.statista.com/statistics/995879/south-korea-annual-household-expenditure-on-housing/
KOSIS. (2024). Average annual household expenditure on housing in South Korea from 2012 to 2024 (in million South Korean won). Statista. Statista Inc.. Accessed: May 13, 2025. https://www.statista.com/statistics/995879/south-korea-annual-household-expenditure-on-housing/
KOSIS. "Average Annual Household Expenditure on Housing in South Korea from 2012 to 2024 (in Million South Korean Won)." Statista, Statista Inc., 9 Dec 2024, https://www.statista.com/statistics/995879/south-korea-annual-household-expenditure-on-housing/
KOSIS, Average annual household expenditure on housing in South Korea from 2012 to 2024 (in million South Korean won) Statista, https://www.statista.com/statistics/995879/south-korea-annual-household-expenditure-on-housing/ (last visited May 13, 2025)
Average annual household expenditure on housing in South Korea from 2012 to 2024 (in million South Korean won) [Graph], KOSIS, December 9, 2024. [Online]. Available: https://www.statista.com/statistics/995879/south-korea-annual-household-expenditure-on-housing/
