happiness is probably much correlated to absolute rather than relative wealth Studies show that it's much more complex than that. Basically both are always a f

happiness is probably much correlated to absolute rather than relative wealth Studies show that it's much more complex than that. Basically both are always a factor, but if you're below a certain level absolute wealth is the most important factor, but once a above a certain level relative wealth dominates[1]. The level where the switch over happens differs quite a bit between countries and places, although most studies looking at salary seem to put it in the $75k-$120k/year range for the US. All that being said most studies also find that income/wealth (both absolute and relative) have relatively small impact on overall happiness when compared to other factors. [1] https://link.springer.com/article/10.1007/s11205-007-9217-0 https://link.springer.com/article/10.1007/s11205-007-9217-0