Happiness Has a Price Tag: $65,250

by

comment
We ballin'
  • We ballin'
Researchers at Princeton did a study that found Americans actually do get happier as they make more money -- but that after they hit $75,000, their happiness plateaus.

(Seems a little suspect to us -- we're pretty sure we could whip through a cool 75K over a long weekend and still have a burning desire for more shoes -- but hey. They are Princeton economists and we are not.)

So the good folks at the Wall Street Journal got to thinking, as they are wont to do. In a city like New York or Los Angeles, $75,000 is a much smaller chunk of happiness than in, say, certain humbler Midwestern cities priding themselves on cheap rent, among other things.

They massaged the numbers around using cost-of-living indexes and gave estimates for how much you have to make in a given city to hit the real version of that sweet spot. Here in St. Louis, you'd need to pull in $65,250 each year to top out on happiness. In Kansas City, it's $71,250 And in Chicago, thrills are dearer: it's $84,750 before you happy out.

Tags

Support Local Journalism.
Join the Riverfront Times Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Riverfront Times Club for as little as $5 a month.