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Traditional Markets vs. Large Supermarkets: The Cost Comparison for Chuseok Rituals Reveals a 73,000 KRW Difference

by Maccrey Korea 2024. 9. 6.
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As Chuseok approaches, many families are preparing for the traditional ritual meals known as "Charye-sang." This year, a recent study has shed light on the cost differences between shopping at traditional markets and large supermarkets for Chuseok preparations. The findings reveal that traditional markets offer significant savings compared to their supermarket counterparts. This blog post explores the details of this cost comparison and offers insights into how you can make the most of your Chuseok shopping.

A recent survey conducted by the Small Enterprise and Market Service (SEMS) between August 26 and 30 compared prices for 27 Chuseok ritual items at 37 traditional markets and 37 nearby large supermarkets. The results indicate that the cost of preparing a Charye-sang for four people is significantly lower at traditional markets, averaging 298,313 KRW compared to 371,097 KRW at large supermarkets. This represents a savings of 73,784 KRW, or 19.6%.

The price differences are particularly notable in certain categories:

  • Vegetables: Traditional markets offer vegetables at 51.2% less than supermarkets.
  • Seafood: Prices are 36.4% lower in traditional markets.
  • Meat: Traditional markets offer meat at 21.1% less.

Among the 27 items surveyed, 22 were found to be cheaper at traditional markets. Items such as skinned doraji (67.1% cheaper), bracken (66.9%), pollock fillets (47.2%), spinach (45.0%), dates (43.4%), and bean sprouts (37.1%) showed significant price advantages.

 

However, there are exceptions where large supermarkets were cheaper, such as apples, pears, tofu, and flour.

Park Seong-hyo, Director of SEMS, highlighted that using mobile or card-type Onnuri gift certificates can further reduce costs. With a limit of 2 million KRW per person, these vouchers offer up to 10% savings on Chuseok preparations. Park encouraged families to take advantage of traditional markets to prepare a festive Chuseok meal affordably and enjoy a bountiful holiday.

 

The cost comparison for Chuseok ritual items clearly shows that traditional markets offer substantial savings over large supermarkets. As families prepare for Chuseok, opting for traditional markets can help reduce expenses while still providing all the essential items for the holiday feast. By utilizing available discounts and vouchers, you can make the most of your budget and ensure a joyful and affordable Chuseok celebration.

3 Line Summary for You

Recent research shows that preparing Chuseok rituals at traditional markets is 73,000 KRW cheaper than at large supermarkets. Traditional markets offer significant savings, especially on vegetables, seafood, and meat. Utilizing Onnuri gift certificates can further reduce costs for an affordable and festive Chuseok.

 

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