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Single-person Households Less Satisfied with Consumption Spending than Other Types of Households

Single-person Households Less Satisfied with Consumption Spending than Other Types of Households

SEOUL, Jan. 31 (Korea Bizwire) — Four out of ten single-person households in South Korea turned out to be dissatisfied with their consumption spending, the country’s statistics office said. The monthly consumption spending of one-person households averaged 1.32 million won (US$1,090) in 2020, according to data from Statistics Korea. This figure is calculated by subtracting [...]

Gov’t to Offer Community-building Programs for Single-person Households

Gov’t to Offer Community-building Programs for Single-person Households

SEOUL, Sept. 15 (Korea Bizwire) — The government plans to expand support for single-person households. The Ministry of Gender and Equality said Tuesday that it will begin a new project for community-building among single-person households as problems of isolation or depression are rising as a social issue. Individuals living alone will now be able to [...]

Young Renters Pay More than 300,000 Won per Month on Average: Data

Young Renters Pay More than 300,000 Won per Month on Average: Data

SEOUL, June 22 (Korea Bizwire) — South Korea’s young single-person households living on monthly rent are paying more than 300,000 won (US$265) in monthly rent on average, data showed Monday. The actual monthly housing expenses for the nation’s young (less than 30 years old) single-person households averaged 315,534 won in the first quarter of this [...]

Single-person Households Generate More Single-use Trash

Single-person Households Generate More Single-use Trash

SEOUL, Sept. 22 (Korea Bizwire) – Seoul’s single-person households throw away about 30 pieces of disposable items per day on average, more than twice as much as the average multi-person household. According to a survey conducted by the Seoul Digital Foundation, the quantity of disposable packaging materials such as styrofoam thrown away by single-person households [...]