In 2024, the average wedding cost in South Korea amounted to around 297.5 million South Korean won. The largest part of the wedding costs was for buying new housing for the newlyweds and amounted to about 243 million South Korean won. Following that, gifts for the groom's family and the honeymoon accounted for a big part of the total wedding cost.
Average cost of a wedding in South Korea in 2024, by category
(in million South Korean won)
Characteristic
Costs in million South Korean won
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newlyweds who got married during the last two years
Supplementary notes
*Yedan is the gifts that the bride's family gives to the groom's. It can be silk blankets, tableware, or cash.
**Yemul is the gifts that bride and groom exchange.
***Wedding package in South Korea refers to the wedding product combined with studio wedding photography, dress and makeup.
****Ibaji is the gifts to exchange between two families.
1,000 South Korean won equals 0.75 U.S. dollars or 0.69 euro as of March 2024.
Release date is the date of access.
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Duo. (March 8, 2024). Average cost of a wedding in South Korea in 2024, by category (in million South Korean won) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/895725/south-korea-average-wedding-costs-by-category/
Duo. "Average cost of a wedding in South Korea in 2024, by category (in million South Korean won)." Chart. March 8, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/895725/south-korea-average-wedding-costs-by-category/
Duo. (2024). Average cost of a wedding in South Korea in 2024, by category (in million South Korean won). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/895725/south-korea-average-wedding-costs-by-category/
Duo. "Average Cost of a Wedding in South Korea in 2024, by Category (in Million South Korean Won)." Statista, Statista Inc., 8 Mar 2024, https://www.statista.com/statistics/895725/south-korea-average-wedding-costs-by-category/
Duo, Average cost of a wedding in South Korea in 2024, by category (in million South Korean won) Statista, https://www.statista.com/statistics/895725/south-korea-average-wedding-costs-by-category/ (last visited July 22, 2024)
Average cost of a wedding in South Korea in 2024, by category (in million South Korean won) [Graph], Duo, March 8, 2024. [Online]. Available: https://www.statista.com/statistics/895725/south-korea-average-wedding-costs-by-category/
