• Title/Summary/Keyword: minimum cost of living

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A Study on the Gap between Actual Cost of Living and Subjective Cost of Living of the Elderly Households (노인단독가구의 실제생계비와 주관적 생계비간의 차이분석)

  • Sung, Young-Ae
    • Journal of Families and Better Life
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    • v.28 no.6
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    • pp.195-205
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    • 2010
  • households using the 2007 Korean Retirement and Income Study. Elderly households were classified into three groups based on the comparisons among the costs of living and then the factors influencing the probability of belonging to each group were investigated using multiple logistic regression models. The major findings are as follows. Firstly, the subjective adequate cost of living was the highest and the subjective minimum cost of living was the lowest. The actual cost of living was in between. Secondly, 42.6% of elderly households belonged to Group1(whose actual cost of living was less than the subjective minimum cost of living), 30.0% was classified into Group2(whose actual cost of living was greater than the subjective minimum cost of living but less than the subjective adequate cost of living) and the actual cost of living of the remaining 27.4% was greater than the subjective adequate cost of living(Group3). Thirdly, income was the strongest factor influencing the probability of belonging to each group, but the influencing factors were different for the logistic models for Group1 and Group3 based on Group2.

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.

A Study of Variations in Cost-of-Living Index (도시가계 생계비 산정기준의 다양화를 위한 연구)

    • Journal of Families and Better Life
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    • v.15 no.4
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    • pp.137-148
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    • 1997
  • The purpose of this study is to set the various cost-of-living standards utilizing a published national data. 1995 annual data, The Family Income and Expenditure Survey, were used to set the standards of living. Four index reflecting health and decency level, normal level, minimum of health and decency level, and pauper level were suggested and the cost-of-living of each level were estimated. Results showed that cost-of-living estimated in this study were not quite different from those of former studies, but the name of the standard-of-living need to be changed.

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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.

Estimation of the Minimum Cost of Living in Seoul (서울시 지역최저생계비 계측에 관한 연구)

  • Kim, Kyung-Hye
    • Korean Journal of Social Welfare
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    • v.38
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    • pp.7-32
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    • 1999
  • Providing the income support program for people under the poverty level has been regarded as the basic obligational role of modern government. The target population of this program should include all the poor who are unable to maintain the minimum health and decency level with their own income. The minimum living cost, however, varies within a country because there are regional differences in consumer price and the mode of living. The current program does not count for the regional differences, leaving a significant portion of Seoul's poor needy people being ineligible for this public care. Recognizing these regional differences, this paper attempts to estimate the minimum living cost in Seoul area, comparing it to the national one. It employs the data and method that the Korea Institute of Health and Social Affairs adopted in its 1994 study, since it has been served as a basis of the current public assistance program. The minimum cost of living in Seoul is estimated to be \887,611 per month for a 4-person household. It is 1.33 times greater than the national monthly minimum of \666,684. Based upon the '94 urban household expenditure survey data, some 5.9 percent of Seoul's population, 636,132 people, are found to be under the Seoul's minimum living level. This number is 5.2 times greater than those 123,304 people who are eligible for the current public assistance program in Seoul.

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Estimated Food Cost to Maintain Basic Living Expenditure (기본생계비를 위한 식품비 산정에 관한 연구)

  • Mun, Hyeon-Gyeong
    • Journal of the Korean Dietetic Association
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    • v.4 no.2
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    • pp.245-253
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    • 1998
  • In this study, the food cost for the urban worker's living expenses was estimated for the Korea Labor Union. The urban workers living expenses are minimum of healthy and decency level expenses with allowances for minimum quality of life. Thus, the food cost should be enough for purchasing proper kinds and amount of foods which can supply sufficient nutrient to maintain health and which should reflect current food consumption patterns. To estimate the food cost, the Korean Recommended Dietary Allowances was used to calculate the amount of nutrients which should be supplied. The National nutrition survey and the Food balance sheet, were used to estimate the current consumption patterns for the kind and amount of food. To estimate price for each food item, the market survey was executed in six large cities. Also, to verify the estimated food cost, actual food costs were surveyed. For 5 kinds of model household, dietary allowances were calculated for the each nutrient. Using the Korean food guides, the number of serving for each food group were decided for the model households. In each food group, the amount and kind of foods were decided by the current food consumption pattern. The kind and amount of food were adjusted by the amount of calculated nutrient. When the amount of nutrient was between 90% and 110% of the recommended dietary intake, it was accepted. With these amount and kinds of foods, the food cost were calculated using the market survey. Considering extra expenses for the eating-out and processed foods, extra expenses are added. As a results, for single person family, the estimated food cost was 149,210won per month. For two, three, four and five person family, the estimated food costs were 245,179won, 381,182won, 501,669won and 687,980won per month, respectively. The estimated food cost were lower in the single and two person family than the actual food cost by the survey. The cost for eating-out gave major differences. In the future, to estimate food cost, the food consumption patterns for the different kind of household, sex and age should be studied carefully. Also, the pattern of eating-out should by analyzed.

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Female-Heads' Employment and Household Economic Status of the Single-Mother Households (편모가계 여성가장의 취업 및 가계의 경제상태 : 양부모 가계와의 비교 분석)

  • 이성림
    • Journal of Families and Better Life
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    • v.22 no.1
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    • pp.169-179
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    • 2004
  • This study investigated female-head's employment and household economic status of the single-mother households compared to those in the two-parent households using the data from the Korean Labor and Income Panel Study. Major findings are: first, female-heads showed lower educational attainment, lower labor force participation rate, lower occupational status, and lower wage rates than male-heads; second, the level of household income was as 1.3 times as the Minimum Living Cost and the level of household expenditure was close to the Minimum Living Cost; third, one-thirds of single-mother households were in poverty. Based on the results, the implications to public policy were suggested.

A Study on Diversification of the Elderly Living Cost Estimate (노인가계 생계비 산정의 다양화를 위한 연구-반물량방식과 통계분석방식을 중심으로-)

  • Lee, Sun-Hyung;Kim, Keun-Hong
    • 한국노년학
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    • v.27 no.2
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    • pp.473-486
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    • 2007
  • This study focused on the diversification of the elderly living cost estimate through statistical analysis method and Engel method(market basket method). The results of this study were as follows. First of all, due to Engel method, it has shown that the minimum living cost of aged couples was 566,478won on average of 2006, single aged men 306,210 won and single aged women 260,276 won. Secondly, according to the first way of statistical analysis, the minimum living cost of elderly couples was 860,043won, the standard was 1,018,669won and abundant 1,287,555won. The second way of that, the minimum(of elderly couples) was 694.916won, the standard 1,037,779won and abundant 1,556,551won. Those numbers included imputed rent. These results were changed to that the minimum is 435,416won, the standard 548,250won and the abundant 699,844won when imputed rent were excluded Moreover, it was also represented that the minimum of Engel method was between that of quasi-relative standard line and that of not imputed rent. Lastly, in the deprivation indicators method studied by Korea Institute for Health and Social Affair, it was concerned that an underestimation of elderly deprivation might have been got if some inappropriate data include. Given this study, it could not be judged that various estimating ways had been tried were consistency, but market-basket method was keenly needed. Market-basket method is being an absolute estimating way including only elderly data. Therefore, what is asking for first is - because other analysis can be limited by absolute estimating ways, particularly market-basket method - to be required systemic and all-arounded elderly living cost with more various ways.

A Study on the Minimum Standards of Housing Repair for Older People Living in the Community (지역사회 노인을 위한 주택수리 및 개조 최저기준에 관한 연구)

  • Hong, Hyung-Ock
    • Journal of Families and Better Life
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    • v.23 no.2 s.74
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    • pp.11-22
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    • 2005
  • The purpose of this study is 1) to clarify that the house is no long the safe place through the cases of the senior safety accidents and to argue the need for housing repair and 2) to present the minimum standards for housing repair by comparing the cases here as well as the abroad and to back up the standards with the current senior housing environment 300 people at least 60 years old living in Seoul$\cdot$Metropolitan area were interviewed using the structured questionnaire. As the result, the following conclusions were made: 1. There was high accident rates of the senior residents due to physical deficits within the house, causing excessive medical cost and decreased housing satisfaction. This problem can be sufficiently prevented by housing repair which can not only solve the safety problem but also support self sufficient living for the senior residents. 2. Proper housing repair required the architectural know how as well as the expertise knowledge of the physical characteristics of the senior people. Therefore, it is essential to secure the professional (i.e., occupational therapist) who can analyze the needs of the senior residents and evaluate and/or predict the obstacles during repair. Furthermore, development and distribution of the standardized manual are also needed. 3. The minimum standard for housing repair could be approached in view of 'barrier-free' concept. First, the bumps should be removed, slippery prevented, and safety grab-bar installed for safety. Second, the entrance should be widened and the bathroom and kitchen restructured to support for the senior residents' self sufficiency. To make housing repair policy more efficient, the legal basis is required. It can be incorporated into the existing senior citizens 'Welfare Act' or the 'Senior Residents Medical Insurance' which will be effective starting in 2007.

A Comparative Study on the Housing Standard (최소주거기준에 대한 비교 연구)

  • Kim, Do-Yeon;Kim, Min-Kyoung;Yoon, Chae-Shin;Jun, Nam-Il
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2008.04a
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    • pp.203-208
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    • 2008
  • The purpose of the study is to establish the concept of residential standard, and at the same time to investigate the area of the minimum residential standard in the countries of the world through the preceding studies. In addition, it also aims at establishing the objective residential standard by comparing the residential standard of Korea with that of foreign countries, examining the problems and finding out the matters to be improved through the comparison of the residential standard in advanced countries with the minimum residential standard of Korea. The standard residential area, derived from the process of examining the minimum residential standard, will be used as the basic material for the calculation of the reasonable area in the surface plan for the study of low-cost housing development. The method of the study is to establish the concept of residential standard and at the same time to find out the problems in the minimum residential standard of Korea and improvement methods through the comparison of the residential standards in other countries. As the result of the studies focused on the area among the residential standards, it is found out that the Korea's residential area per capita is established as the least in comparison with that of advanced countries. The real area decided depending on the size of social space suitable for living can play a role in improving the degree of satisfaction in the person's living in the residential area. Therefore, it is urgently necessary to make a depth study on the surface area of the minimum residential standard, and it is also required to propose the residential standard and directions for the improvement of the qualitative level rather the quantitative expansion of residential structures.

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