How much money does it take to be ‘happy’ in New York?

Posted: July 19, 2014 in Uncategorized

New York's PIX11 / WPIX-TV

(Photo: Getty Images) (Photo: Getty Images)

NEW YORK (PIX11) — How much money would it take to make you “happy” living in New York?

As one of the most expensive states in the country, many New Yorkers will agree they wouldn’t mind making a few more dollars every year.

According to new analysis, it would take $90,000 a household per year and above to make you happy living in the Empire State, which is well above the $75,000/year benchmark set by a 2010 Princeton study.

Researcher Doug Short used the 2010 study to adjust that number for each state’s cost of living.

The “happiness” salary is between $65,000 and $69,000 in states like Texas, Mississippi and Kentucky.

According to Short, however, money will only make you happy up to a point.

Once you reach the threshold for your state, money will not improve your day-to-day happiness.

To see a breakdown of the study…

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