Happiness Rises With Income

Does happiness stop increasing after $75,000?

10 mins
What is it about?

PNAS (Journal)



This article is about finding out if earning more money makes people happier. It talks about two types of happiness: how people feel during their daily lives (experienced well-being) and how people feel when they think about their whole life (evaluative well-being). The study looks at a lot of data from people in the United States and finds that both types of happiness increase as people earn more money. This is different from some past research that said happiness stops increasing after earning $75,000 per year.