2 ms·
> I think studies have shown that past a relatively low (by SV standards) level of income ($75kish I think) the relationship between money and happiness breaks
by jkyle 11y ago
> I think studies have shown that past a relatively low (by SV standards) level of income ($75kish I think) the relationship between money and happiness breaks down.
This is true. But while that is low by SV standards, the $75k threshold from the study is targeted to "median america" cost of living.
If you adjust for cost of living and for purchasing power over the 6 years since the study was conducted, you end up with quite a bit more for areas like San Francisco. In fact, you'd probably be looking at more like 175-185k. [1]
1. http://www.advisorperspectives.com/dshort/commentaries/Happiness-Benchmark.php#ixzz37eM5xPxF http://www.advisorperspectives.com/dshort/commentaries/Happi...