Wedding average cost South Korea 2018-2022

In 2022, the average cost of a wedding in South Korea amounted to around 287.39 million South Korean won. It was the highest figure in the past five years, and mainly caused by increasing housing prices. Housing prices accounted for over 80 percent of wedding costs, with household goods, also called "Honsu".

Wedding trends in South Korea

Couples who are contemplating saying “yes” to their wedding vows also have to take into consideration the preparations for a wedding. The overall costs for a wedding would include the honeymoon, the wedding package, and the wedding venue. A wedding package would consist of the pre-wedding studio photography, as well as the dress and makeup for the occasion. While the cost for the honeymoon decreased due to the COVID-19 pandemic and the subsequent travel restrictions, other costs, such as the wedding package have increased. However, statistics show that the number of marriages have declined. For men, the main reason for not getting married is that they could not afford the wedding costs, while women saw no need to get married anymore.

Divorces in South Korea

As beautiful as weddings can be, if conflicts arise during a marriage, divorce can always be an option. In South Korea, the number of divorces decreased in recent years. The reason for that might be the equally decreasing number of marriages. The marriage duration before a divorce was frequently among married couples either up to four years after the wedding or after 30 years of being together. Even though it has become more socially acceptable not to marry or leave a marriage in South Korea, a significant percentage of the older generation still think that people their age should not divorce, even though there might be a valid reason to do so.