How much do you need to earn in major US cities to feel happy
Can money really buy happiness? It turns out they can. Purdue University conducted a study that examined how much money people need to be happy, and whether happiness grows as income levels increase. Writes about it Go Banking Rates.
The study states that the optimal amount of money needed to be happy varies around the world. “This may be surprising because what we see on TV and what advertisers tell us we need indicates that there is no limit when it comes to how much money you need to be happy, but now we we see that there are some thresholds,” said Andrew T. Jebb, a doctoral student and lead author of the Purdue University study.
The study was specifically designed to accurately determine the amount in which money no longer changes your level of emotional well-being and a satisfactory standard of living. Emotional well-being was measured in accordance with the daily emotions of a person, including happiness, excitement, sadness and anger. The assessment of life was determined in terms of overall satisfaction with life.
Austin, Texas
Salary required for happiness: $ 136 500
Salary required for a satisfactory standard of living: $ 123 500
Salary needed for emotional well-being: $78 - $000
Boston, Massachusetts
Salary required for happiness: $ 190 680
Salary required for a satisfactory standard of living: $ 172 520
Salary needed for emotional well-being: $108 - $960
Chicago, Illinois
Salary required for happiness: $ 123 690
Salary required for a satisfactory standard of living: $ 111 910
Salary needed for emotional well-being: $70 - $680
On the subject: 20 professions with the fastest growing salaries
Cleveland Ohio
Salary Required for Happiness: $ 80,955
Salary required for a satisfactory standard of living: $ 73 245
Salary needed for emotional well-being: $46 - $260
Dallas, Texas
Salary required for happiness: $ 113 085
Salary required for a satisfactory standard of living: $ 102 315
Salary needed for emotional well-being: $64 - $620
Denver, CO
Salary required for happiness: $ 151 410
Salary required for a satisfactory standard of living: $ 136 990
Salary needed for emotional well-being: $86 - $520
Honolulu, Hawaii
Salary required for happiness: $ 211 155
Salary required for a satisfactory standard of living: $ 191 045
Salary needed for emotional well-being: $120 - $660
Houston, Texas
Salary required for happiness: $ 110 040
Salary required for a satisfactory standard of living: $ 99 560
Salary needed for emotional well-being: $62 - $880
Las Vegas, Nevada
Salary required for happiness: $ 126 105
Salary required for a satisfactory standard of living: $ 114 095
Salary needed for emotional well-being: $72 - $060
Los Angeles, CA
Salary required for happiness: $ 204 855
Salary required for a satisfactory standard of living: $ 185 345
Salary needed for emotional well-being: $117 - $060
Miami, FL
Salary required for happiness: $ 143 955
Salary required for a satisfactory standard of living: $ 130 245
Salary you need for emotional well-being: $82 - $260
New York, New York
Salary required for happiness: $ 219 765
Salary required for a satisfactory standard of living: $ 198 835
Salary needed for emotional well-being: $125 - $580
Philadelphia, Pennsylvania
Salary required for happiness: $ 116 340
Salary required for a satisfactory standard of living: $ 105 260
Salary needed for emotional well-being: $66 - $480
On the subject: Significant difference: how gender, age, and race affect US salaries
Portland, Oregon
Salary required for happiness: $ 155 190
Salary required for a satisfactory standard of living: $ 140 410
Salary needed for emotional well-being: $88 - $680
Sacramento, CA
Salary required for happiness: $ 133 875
Salary required for a satisfactory standard of living: $ 121 125
Salary needed for emotional well-being: $76 - $500
San Diego California
Salary required for happiness: $ 186 375
Salary required for a satisfactory standard of living: $ 168 625
Salary needed for emotional well-being: $ 106 500 - $ 133 125
San Francisco, California
Salary required for happiness: $ 319 935
Salary required for a satisfactory standard of living: $ 289 465
Salary needed for emotional well-being: $182 - $820
Seattle, WA
Salary required for happiness: $ 214 200
Salary required for a satisfactory standard of living: $ 193 800
Salary needed for emotional well-being: $122 - $400
Washington, DC
Salary required for happiness: $ 182 595
Salary required for a satisfactory standard of living: $ 165 205
Salary needed for emotional well-being: $ 104 340 - $ 130 425
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