Study: The Cost Of Happiness Is Going Up

by | Sep 7, 2010 | Healthy Money Relationships | 1 comment

Indeed, the cost of happiness appears to be soaring.  The optimum happiness income is now up to $75,000, according to a study just released by the Proceedings of the National Academy of Sciences.  That’s an increase of 50% over the $50,000 a 2005 study found.

The survey polled 450,000 Americans and was conducted in 2008 and 2009 by the Gallup-Healthways Well-Being Index which included questions on people’s day-to-day happiness and their overall life satisfaction.  Happiness got better as income rose but the effect leveled out at $75,000.

We certainly haven’t had a 50% inflation rate over the four years difference in the two studies to account for the huge increase.   Perhaps Americans have decided it’s taking a lot more money to buy happiness these days.

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