Marketwatch: The price of happiness, by state
A few years ago, a Princeton prof and a renowned psychologist found that income of $75,000 a year is the threshold for daily happiness. Below that, the average American is less happy, while more money doesn’t increase one’s emotional well-being.
Doug Short ran with the idea with this chart using the cost of living in each state to determine what the happiness threshold is.
To measure money another way, use the MarketWatch cost-of-living calculator to see how far your paycheck goes in another city. Hawaii doesn’t seem quite as expensive that way.
read ... In Hawaii Happiness Costs $122K/year
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