Housing is #1 Expense for Young People in Korea
D-Bo , June 20, 2014, 10:26 a.m.
According to a recent poll by dating service Duo, single men and women in their 20’s and 30’s say their largest expense in rent. Duo surveyed 312 young singles in Korea to determine their spending patterns. Some 30.8 percent said housing expenses, including rent, account for the largest portion of their monthly spending.
Next came those who spent the most on food, followed by clothing and alcohol. Only 1 percent said they spend the most on education. About half said they save between W500,000 and W1 million a month (US$1=W1,019), and half also said they spend more than they save.