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We Need $75K to Be Happy

Study finds that's the magic number

By Kate Schwartz,  Newser Staff

Posted Sep 6, 2010 3:46 PM CDT

(Newser) – Money can't buy us love, but it can, apparently, buy us happiness—so long as we make $75,000 a year or more. A new study examined the responses of 450,000 Americans to a poll, and found that as income increased (from, say, $35,000 a year to $45,000), people reported increasing happiness and decreasing stress ... until income hit $75,000. Anything above that point didn't improve happiness any more, meaning it's a sort of "happiness sweet spot," reports the LA Times.

"More money does not necessarily buy more happiness, but less money is associated with emotional pain," the authors write. "Perhaps $75,000 is a threshold beyond which further increases in income no longer improve individuals' ability to do what matters most to their emotional well-being, such as spending time with people they like, avoiding pain and disease, and enjoying leisure." Click here for more things that make us more (or less) happy.

Hit $75,000 a year, and there will be a smile on more than the piggy.
Hit $75,000 a year, and there will be a smile on more than the piggy.   (©alancleaver_2000)
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COMMENTS
Showing 3 of 19 comments
Ma'at
Sep 7, 2010 9:55 PM CDT
Obviously they didn't poll those living in SoCal.
Sayyiduna
Sep 7, 2010 12:54 AM CDT
Funny, then, that this is also the spot where most of the very specific fields of study and education are. For example, Engineers make an average of 70k per year and they're field is likely to report a high/very high rate of job satisfaction. I guess knowing what you want to do with the rest of your life is good for you!
Antisweep
Sep 7, 2010 12:47 AM CDT
Really Newser? I swear you had an article a while back about the same thing, only as i remember it was $60k.

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