• Home
  • News
    • Global Operations
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
    • Industry
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
    • Special Interest
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
  • Market
    • Coming Soon
  • Intelligence
    • Job Board
    • Events
    • Contract Awards
    • USMC Deception Manual
  • Resources
    • Contact Us
    • About Us
    • Editorial Policy
    • Privacy Policy
  • Home
  • News
    • Global Operations
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
    • Industry
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
    • Special Interest
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
  • Market
    • Coming Soon
  • Intelligence
    • Job Board
    • Events
    • Contract Awards
    • USMC Deception Manual
  • Resources
    • Contact Us
    • About Us
    • Editorial Policy
    • Privacy Policy
Login
Join Free
Home
Asia
Africa
Europe
Latin America
Middle East
North America
Asia
Africa
Europe
Latin America
Middle East
North America
Asia
Africa
Europe
Latin America
Middle East
North America
Coming Soon
Job Board
Events
Contact Awards
USMC Deception Manual
Login
Join Free
Home Uncategorized

How Much Do We Need to Earn for Contentment?

A research study from Purdue University and the University of Virginia has sought to identify the optimal salary for happiness and contentment in life.

  • Editor Staff
  • October 4, 2023
Happy businesswoman wearing suit working using a calculator in a desk at office
(Shutterstock / Photo Contributor Antonio Guillem)
Share on FacebookShare on TwitterLinkedIn

A research study from Purdue University and the University of Virginia has sought to identify the optimal salary for happiness and contentment in life. By analyzing data from the Gallup World Poll, which included responses from over 1.7 million individuals across 164 countries, the researchers determined that an annual income of $95,000 in the U.S. is ideal for life satisfaction. However, for day-to-day happiness, a range between $60,000 and $75,000 suffices. Interestingly, earning beyond the optimal point can decrease life satisfaction due to heightened materialistic pursuits and social comparisons.
  

Key Points:

1. Optimal Salary for Happiness: A recent study identified the optimal annual salary for overall life satisfaction in the U.S. to be $95,000.

2. Day-to-Day Contentment: The researchers noted that for regular daily happiness, an income between $60,000 and $75,000 is adequate. This is close to the U.S. median household income of $61,372 in 2018.

3. Relative Increases: The happiness derived from salary increases is relative to one’s existing income. For instance, a $20,000 raise would have a more profound impact on someone earning $35,000 compared to someone earning $150,000.

4. Diminishing Returns: Earning more than the optimal amount can lead to decreased life satisfaction. This decrease is attributed to intensified materialistic desires and increased tendencies for social comparisons.

5. Money’s Role in Happiness: While money plays a significant role in an individual’s happiness, it is not the sole determinant. Personal and professional choices, among other factors, also greatly influence overall contentment. 

 

Source: https://www.valetmag.com/living/career/2019/how-much-you-need-to-make-to-be-happy-052419.php 

Editor Staff

Editor Staff

The Editor Staff at SOFX comprises a diverse, global team of dedicated staff writers and skilled freelancers. Together, they form the backbone of our reporting and content creation.

Subscribe
Login
Notify of
Please login to comment
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
ADVERTISEMENT

Trending News

Ukraine’s SSO Shares Unverified Video Claiming FPV Drone Strike on Russian Ka-52

Ukraine’s SSO Shares Unverified Video Claiming FPV Drone Strike on Russian Ka-52

by Editor Staff
May 19, 2025
0

A viral social media post by Ukraine’s Special Operations Forces (SSO) and the Balista Unit has led to claims that...

F-35 Evades Houthi Missile During U.S. Operation Over Yemen

F-35 Evades Houthi Missile During U.S. Operation Over Yemen

by Editor Staff
May 15, 2025
0

A U.S. F-35 stealth fighter jet was forced to take evasive action to avoid a surface-to-air missile fired by Houthi...

Video Shows Close-Combat Clash Between IDF and Hamas in Gaza

Video Shows Close-Combat Clash Between IDF and Hamas in Gaza

by Editor Staff
May 12, 2025
0

A video reportedly released by Israeli local Israeli media outlets shows Israeli Defense Forces (IDF) soldiers in a close-range firefight...

ADVERTISEMENT
ADVERTISEMENT
Next Post
A man with hands in pockets standing in front of a huge keyhole, New York and sky seen through it. Black background. Back view. Concept of finding the way

Breaking the Cycle of Self-Defeat and Finding Success

Happy Father and Son together fishing from a boat at sunset time in summer day under beautiful sky on the lake.

Fishing Boosts Mental Health, New Research Reveals

997 Morrison Dr. Suite 200, Charleston, SC 29403

News

  • Global Operations
  • Special Interest
  • Industry
  • Global Operations
  • Special Interest
  • Industry

Services

  • Membership Page
  • Merchandise
  • Recruiting
  • Membership Page
  • Merchandise
  • Recruiting

Resources

  • About Us
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • About Us
  • Contact Us
  • Editorial Policy
  • Privacy Policy
wpDiscuz
No Result
View All Result
  • Home
  • News
    • Global Operations
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
    • Industry
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
    • Special Interest
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
  • Market
    • Coming Soon
  • Intelligence
    • Job Board
    • Events
    • Contract Awards
    • USMC Deception Manual
  • Resources
    • Contact Us
    • About Us
    • Editorial Policy
    • Privacy Policy
Subscribe
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Log in to your account

Lost your password?