Business · Economy · 2 hrs ago
Jeonse Households’ Interest Costs Rose 144% in Seven Years
South Korean jeonse households faced much higher interest costs over seven years.
Their average monthly interest bill rose by more than 144%.
Household income increased by 34% over the same period, so interest costs grew more than four times as fast.
In the second quarter of 2026, the average monthly bill was 211,965 won, compared with 86,793 won in the second quarter of 2019.
Interest costs outpaced income growth, showing that this expense took a larger share relative to income.
The figures come from South Korea’s household trends survey.
Jeonse households’ monthly average interest costs rose by more than 144% over seven years.
The increase was more than four times the 34% rise in household income over the same period.
In the second quarter of 2026, the average monthly interest cost for jeonse households was 211,965 won.
In the second quarter of 2019, the comparable cost was 86,793 won.
The figures were reported from the Household Income and Expenditure Survey on the national statistics portal.
- Who
- Jeonse households in South Korea.
- What
- Their average monthly interest costs rose by more than 144% in seven years, while income increased by 34%.
- When
- The comparison covers the second quarters of 2019 and 2026. The figures were reported on October 18, 2026.
- Where
- South Korea.
- Why
- Not stated
This story does not have two clearly opposing sides.
Jeonse households’ average monthly interest cost was 86,793 won.
Their average monthly interest cost was 211,965 won.
The figures were reported by Chosun Ilbo, citing data from the national statistics portal.
- Interest cost, Q2 2026
- 211,965 won per month
- Interest cost, Q2 2019
- 86,793 won per month
- Interest-cost increase
- More than 144% in seven years
- Income increase
- 34% over the same period
- Source
- Household Income and Expenditure Survey on KOSIS