Chuseok Ancestral Table Costs 74,000 Won Less at Traditional Markets Than Large Supermarkets
For a Family of Four, Chuseok Ritual Table Costs 298,766 Won at Traditional Markets
373,164 Won at Large Supermarkets
This year, the cost of preparing a Chuseok ancestral rite table is about 19.9% lower at traditional markets compared to large supermarkets.
On September 23, the Small Enterprise and Market Service announced the results of a price comparison survey for 27 Chuseok ritual items conducted at 37 traditional markets and 37 nearby large supermarkets.
The survey found that, for a family of four, the average cost at traditional markets was 298,766 won, while at large supermarkets it was 373,164 won. This means traditional markets were 74,398 won less expensive than large supermarkets.
By category, traditional markets had a price advantage over large supermarkets in vegetables (43.9%), seafood (31.4%), and meat (24.4%). Specifically, traditional markets offered lower prices for bracken (62.9%), peeled bellflower root (62.1%), pollock fillet (43.7%), jujube (41.0%), beef for soup (40.4%), songpyeon (32.3%), and dried persimmon (29.6%). The Small Enterprise and Market Service explained that prices at traditional markets were lower for 20 out of the 27 items surveyed.
Park Sunghyo, President of the Small Enterprise and Market Service, stated, "If you purchase Chuseok ritual items at traditional markets this year, it will help reduce the worries and burdens on households and contribute to a more abundant Chuseok holiday."
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