Annual household expenditure on housing South Korea 2012-2024

Published by L. Yoon, Mar 26, 2025

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)

CharacteristicExpenditure in million South Korean won
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Showing entries 1 to 13 (13 entries in total)
Statistic: Average annual household expenditure on housing in South Korea from 2012 to 2024 (in million South Korean won)

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Release date

December 2024

Region

South Korea

Survey time period

2012 to 2024

Supplementary notes

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. 

Values have been rounded.

Reference period is the calendar year preceding the survey year.

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