It was a good while ago now, but the research I’ve seen into the issue seemed to show that income and happiness are correlated up to about £50k / year (median income was in the low 30s I think back then).
After that the “mo’ money, mo’ problems” effect becomes dominant.
It was a good while ago now, but the research I’ve seen into the issue seemed to show that income and happiness are correlated up to about £50k / year (median income was in the low 30s I think back then).
After that the “mo’ money, mo’ problems” effect becomes dominant.
cost of living and culture varies in the US to UK. a lot higher per capita in the US earn $100k than earn £50k in the UK.
Once your basic needs are met, security and safety are much more important than being able to buy more stuff.