• Title/Summary/Keyword: Total cost of living

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A study on the total housing cost of households living in rental house (임차가구의 주거비용에 관한 연구)

  • 곽인숙;김순미
    • Journal of the Korean Home Economics Association
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    • v.37 no.2
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    • pp.127-144
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    • 1999
  • The purposes of this study were to identify the housing maintenance cost, imputed rent fee and total housing cost of households living in rental house, to analyze the factors related to their housing maintenance cost, imputed rent fee and total housing cost and to investigate the factors contributing to total housing cost to total household income ratio. The data used for these purposes, was 97 KHPS of Daewoo Economic Research Institute. Sample size of households living in rental house, was 663. Statistics performed for the analysis were frequencies, percentiles, t-test, Lorenz cutie and Gini coefficient, Tobit analysis, OLS and Logistic analysis. The results of this study were as fellows: First, monthly cost of monthly rent & maintenance and repairs of households living in rental house with a deposit was lower than rental house, while the imputed rent fee of households living rental house with a deposit was higher than monthly rent households'And, total housing cost of households living in rental house with a deposit was higher than monthly rent households'. Second, Gini coefficient of the housing maintenance cost was 0.440, Gini coefficient of imputed rent fee was 0.362, and Gini coefficient of total housing cost was 0.291. Third, the variables related to their housing maintenance cost were family type, total household expenditure of socio-demographic characteristics and residence, type of rent, housing type of housing environmental factor. Also, the variables contributing to imputed rent fee were job type and educational attainment of household hearts, the number of family members, total household expenditure, residence, type of rent, housing type and tole number of rooms. In addition, the variables associated with total housing cost were job type and educational attainment of household head, total household income and residence, type of rent, housing type and the number of room. Finally, age, job type, educational attainment of household head, wife's employment status, the number of family members, family type, total household expenditure, residence, rent type of rent, housing type, the size of living space, and the number of room were significant variables contributing to total household cost to total household income ratio.

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The Estimate of the Living Cost for the elderly Couple (노인부부가계를 위한 노후 월평균 생계비 산정 - 최저생계비, 표준생계비, 유락생계비의 산정 -)

  • 이선형;이연숙
    • Journal of the Korean Home Economics Association
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    • v.40 no.4
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    • pp.139-152
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    • 2002
  • This study was performed to estimate living cost for the elderly couple living in a city in Korea. Living cost means expenditure per month for elderly couple. It was assumed that the elderly couple will need different living cost according to their circumstances. The circumstances are health status, retirement status, and the level of living they want. The subjects were the elderly couple households over the age 65 of household head. Total number of subject was 1,649 households. Used data was Annual Report surveyed by National Statistical Office on the Family Income and Expenditure. Analysis of data was done through frequency, percentage, means, median using SAS Program. The results of this study were as follows: Their standard living cost was 844,980 won by pure relative standard line and 842,300 won by quasi relative standard lines. And minimum living cost was 713,400 won by the former, by the latter was 557,600 won (3/2 of median). And abundant Living cost was 1,068,020 won by the former, by the latter 1,263,450 won. The living cost of elderly households was about 81-83%, comparing with non-elderly households. Among the item of expenditure, the proportion of housing and medical care cost was larger than any other items.

The Moderating Effect of Economic Support from Children in the Relationship of Total Cost of Living on Depression among the Korean Elderly (노인의 생활비가 우울에 미치는 영향 -비동거 자녀로부터 경제적 지원의 조절효과-)

  • Chang, Cin-Jae
    • Journal of the Korea Convergence Society
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    • v.8 no.4
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    • pp.239-245
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    • 2017
  • The purpose of the study is to examine the effects of economic factors on depression among the Korean Elderly. In detail, this study is convergence study conducted to understand the moderating effect of economic support from children in the relationship of total cost of living and Depression. For this purpose, this study used the 3,392 Korean elderly from 2015 Korean Welfare Panel Data. As a results, total cost of living of the elderly had a significant effect on depression. Also, the relationship between total cost of living and depression among the elderly was buffered by economic support from children. In other words, the higher economic support from children, the less negative effect of total cost of living on depression. Based on the results, this study discussed that economic factors should be considered as a major factor to reduce depression of the elderly.

The Relative Deprivation of the Households in Poverty through Cost of Living (생계비를 통해 본 빈곤가구의 상대적 박탈)

  • Shim, Young
    • Korean Journal of Human Ecology
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    • v.24 no.2
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    • pp.237-253
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    • 2015
  • The purpose of this study was to examine the relative deprivation of the households in poverty, comparing with the households in non-poverty, and to find out the characteristics of household groups by the level of relative deprivation. The data for this study was from the 6th Korea Welfare Panel Survey(KOWEPS), consisting of total 5,552 households. The results are as follows: There were statistically significant differences in the objective cost of living, the subjective minimum cost of living, and the subjective adequate cost of living between households in poverty and households in non-poverty. There was statistically significant difference in the relative deprivation between households in poverty and households in non-poverty. Poverty was the factor for the relative deprivation of households.

Life Planning Program for the Elderly -Analysis of Life Planning of Middle-aged and Aged- (노년기 생활설계 프로그램 개발을 위한 기초연구-중노년층의 노후생활계획을 중심으로-)

  • 홍성희
    • Journal of the Korean Home Economics Association
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    • v.36 no.10
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    • pp.1-22
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    • 1998
  • The purpose of this study was to analyze the state of the living arrangement plan, the housing plan, and economic plan for elderly's life and contributing factors to their life plan. The sample in this study consisted of 713 middle-aged and aged couple living in Korea. Statistics employed for the analysis were frequencies, means, x2 test, logit analysis and multiple regression. The results could be summarized as follows. The middle-aged and aged couple were planning to live independently in their elderly life. The husband's age, religion, living area, total income, total asset, home owenership had significant effects on the living arrangement of the middle-aged and aged. They had a plan to live in single detached house in their elderly life. And husband's age, educational attaintment, job, and living region were affecting the housing type in their elder life. The middle-aged and aged people had a economic plan that they estimated 970,000 won as living cost in their elderly life. And the factors affecting living costs were husband's educational attaintment, job, and total asset.

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Sustainability of Spending and Adjustable Level of Consumption According to a Step-by-step Use of Retirement Assets : Focused on Overspending Households of Single Retired Elderly (자산의 단계적 사용에 따른 생활유지가능성과 조정가능 소비수준 : 초과지출을 하는 1인 은퇴노인가계를 대상으로)

  • Kim, Min-Jeung
    • Journal of Family Resource Management and Policy Review
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    • v.16 no.4
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    • pp.45-68
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    • 2012
  • This study performed an analysis to determine if an individual can maintain the current consumption, in the case of a single retired elderly person's household using the accumulated assets. Assets are divided into three types, based on the behavioral economics life cycle hypothesis : financial assets, real assets excepting residential assets, and residential assets, and it is assumed that these assets were used on a step-by-step basis. Also, if the assets were sufficient, the maximum withdrawal amount was calculated. The results of the analysis are as follows. First, the monetary assets were sufficient to cover the cost of living for 2.7 years, 6.4 years by using the real assets of the non-occupied housing, and 26.3 years in the case of residential property. Second, in the case of preferentially using the financial assets, 4.4% of the sample households were able to cover the cost of living. Households that were not able to cover the cost of living used the next-stage assets, real assets of the non-occupied housing. Households that were not able to cover the cost of living by financial assets liquidated the real assets with the exception of residential assets and used these to cover the cost of living. A total of 4.8% of the households were able to maintain the current cost of living through the second stage and 25.5% supplemented their funds by using residential assets. That is to say, 35% of the sample households were able to maintain the current level of living by using their assets.

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A Simple Interactive 3D Interior Design Application for Living Room - Cost Management

  • Winnie, Chin;Hui, Saw Seow;Gee, Yap Seok
    • Journal of Multimedia Information System
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    • v.4 no.3
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    • pp.157-162
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    • 2017
  • The title of this project is "A Simple Interactive 3D Interior Design Application for Living Room - Cost Management", focusing on developing an application that enables costing and designing to be executed concurrently in interior design phases. This is because any changes made at costing phase after design phase is completed, it will potentially lead to unnecessary increase in cost and time. Therefore, the objective of this project is aimed to devise a cost management module to be included in the proposed application, allowing interior designer to make cost-based decision at the designing phase itself. This can be achieved through its proposed functions which include total cost update, budget management, cost estimator calculator and material list generation. The methodology being proposed in this project is Prototyping Development, categorized under Rapid Application Development (RAD), by starting off with planning, analysis, design and implementation phases are performed concurrently and repeatedly in a cycle to produce a prototype until the application is completed. In the end of this project, the developed prototype is expected to contribute a better solution towards cost management in interior design.

Analysis on the Housing Needs for Young Adults Living Alone (청년 1인가구를 위한 주거요구 분석)

  • Lee, So-Young;Eom, Soon-Cheol
    • Korean Institute of Interior Design Journal
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    • v.27 no.2
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    • pp.77-85
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    • 2018
  • The number of household living alone including young single adults has gradually increased. The purpose of this study is to examine the demand on housing options, additional space, shared space, community facilities, housing service for young adults living alone including college students. A total of 180 questionnaire were collected and analyzed. For housing location, commuting distance is the most important feature and amenities are the second important feature. For additional space, there is a significant difference between male and female single residents. Female residents want to install dress room most while male adults want to have a study room. For the shared house option, single adults concerns housing fee and living cost most. However, female adults concern safety and security issues much more than male ones do. The degree of preference to community facilities varies between male and female single residents. The findings suggest more differentiated approaches are needed for alternative housing options for male and female residents.

A Study on the Cost and Proportion of Complementary and Alternative Medicine in Total Healthcare Cost among Elderly in the Last 6 Months of Life (사망전 노인의 전체보건의료비용에서 보완대체요법 비용과 비용분율에 관한 연구)

  • Yi, Jee-Jeon;Ohrr, Hee-Choul;Yi, Sang-Wook
    • Journal of Preventive Medicine and Public Health
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    • v.37 no.2
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    • pp.141-149
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    • 2004
  • Objectives : To evaluate the cost and proportion of complementary and alternative medicines (CAM) in the total healthcare costs among the elderly in the last 6 months of life. Methods : The care-giving families of 301 persons older than 65 years, who died between July 1st and December 31st of 2001, and were also registered in Self-Employed Health Insurance Programs in Seoul, were interviewed. Results : The cost of CAM was 1.09 million Won, which as a proportion of the total healthcare cost was 38.1%. The elderly aged between 65 and 69 year-old, male, living with their spouse, Buddhist and having cancers had higher CAM costs in an ANOVA and simple regression analysis. After controlling of various factors, age was the only significant factor associated with the cost of CAM. The elderly above 80 years old, female, bereaved and Buddhist had higher proportional CAM costs, and the elderly having cancers or cardiovascular diseases had lower proportional CAM costs in an ANOVA and simple regression analysis. After adjusting for various factors, the elderly above 85 years old, female and Buddhist had higher proportional CAM costs, and the elderly having cancers had lower proportional CAM costs. Conclusion : The very old and Buddhist, and/or the ill with no clear diagnosis, may depend more on CAM. Further research will be needed on the meaning and impact of CAM and their costs to public health and the total healthcare system.

A Study on Poverty Characteristics of Rural Elderly Households (농촌노인가구의 빈곤특성에 대한 비교연구 - 빈곤율과 빈곤감을 중심으로 -)

  • Kim, Young-Joo
    • Korean Journal of Social Welfare
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    • v.60 no.4
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    • pp.31-53
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    • 2008
  • This study intends to verify the poverty characteristics of the rural elderly households so as to provide more specific data for the intervention of social welfare in the improvement of quality of life of the rural elderly. According to my study of the absolute poverty ratio, the poverty gap, the relative poverty ratio, the subjective poverty ratio, the subjective economic level and the life satisfaction level of the rural elderly households in comparison with those of the other groups, the conclusion is as follows: First, the total living cost of the rural elderly households is rather low with the food cost taking about 30% of the total living cost. Second, in terms of the poverty ratio based on socio-demographic characteristics, higher poverty ratio show among women, older people and households of fewer members. Third, 82.2% of the rural elderly households living with an income below the minimum living cost is found around the poverty line. Fourth, the rural elderly households show a comparatively higher poverty ratio than the other groups in the absolute and relative poverty, but lower economic strain than other groups in the subjective poverty ratio and life satisfaction level. In short, the rural elderly households' poverty level is generally high and therefore need ways of active economic supports, while a political approach to the subjective needs of the regional and intergenerational groups is also required.

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