Thursday, September 9, 2010

$71,250 buys happiness in Kansas City. Study shows that money does buy happiness

Posted by Mandy Oaklander on Thu, Sep 9, 2010 at 7:00 AM

click to enlarge First prophesied by Wu, then proven by Princeton.
  • First prophesied by Wu, then proven by Princeton.

Turns out you CAN put a price tag on happiness.

A new study conducted by Princeton professors found that people who make more money are happier. But here's the catch: It only works in limited quantities. The study found the optimum happiness price tag is a salary of $75,000 -- after that, people on average don't rate themselves as being happier.

Improvements in life after the $75K mark spring from those clichés from which happiness was always said to be born: finding a pencil, pizza with sausage, and telling the time, for example.



The Wall Street Journal recalculated the number to fit different cities with varying costs of living, and it turns out Kansas City's happiness threshold is less than the national average at $71,250.

Even if you're truly tired of our bad Chinese restaurants and disappointing shtreimel scene, you might want to think again about moving to, say, New York.

If you've maxed out on joy in Kansas City, you'd have to earn more than twice as much to achieve the same level of happiness in New York, with a happiness max of $163,500. Let's just say that extra money could buy a lot of reverse happy hour crab rangoons.

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