Average household monthly income in S. Korea at around US$ 3,800 in Q1
Updated: 2022-05-19 10:03:17 KST
The average monthly income of a household in South Korea now stands at about three,eight hundred U.S. dollars.
Statistics Korea says that, in the first quarter, it increased more than 10 percent on-year.
By type, earned income from work accounted for 64 percent and from businesses about 18 percent.
Average monthly spending by households was around 2,7-hundred dollars, up six percent on-year.
Spending on food and lodging increased around 14 percent, and health spending rose some seven-and-a-half percent.