How Much Money do You Need to be Happy in These 45 Major US Cities?

Can money truly buy happiness? Turns out that it certainly can, according to a Purdue University study, which examined how much money people need to be happy and whether or not happiness rises as one’s income level increases. But there’s a catch.

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The study argued that the optimal amount of money it takes to be happy varies worldwide. “That might be surprising as what we see on TV and what advertisers tell us we need would indicate that there is no ceiling when it comes to how much money is needed for happiness, but we now see there are some thresholds,” said Andrew T. Jebb, a doctoral student and the lead author of the Purdue University study, in a press release.

The research specifically sought to pinpoint the amount where money no longer changes your level of emotional well-being and “life evaluation.” Emotional well-being was measured according to a person’s day-to-day emotions, including happy, excited, sad and angry. Life evaluation was defined in terms of overall life satisfaction and was “likely more influenced by higher goals and comparisons to others.”

Using the Purdue study’s findings, GOBankingRates predicted how much money you would need to make to be happy in 50 of the biggest cities in America. The Purdue researchers determined that, globally, individuals would need an income of $60,000-$75,000 for emotional well-being and an income of $95,000 for life evaluation. The ideal income for life satisfaction in North America is $105,000, which was used as a benchmark for the “salary needed to be happy” category listed in this study.

Are your finances keeping you from being happy?

• Salary you need to be happy: $95,340
• Salary you need for life evaluation: $86,260
• Salary you need for emotional well-being: $54,480-$68,100

• Salary you need to be happy: $114,870
• Salary you need for life evaluation: $103,930
• Salary you need for emotional well-being: $65,640-$82,050

• Salary you need to be happy: $135,870
• Salary you need for life evaluation: $122,930
• Salary you need for emotional well-being: $77,640-$97,050

• Salary you need to be happy: $161,070
• Salary you need for life evaluation: $145,730
• Salary you need for emotional well-being: $92,040-$115,050

• Salary you need to be happy: $104,685
• Salary you need for life evaluation: $94,715
• Salary you need for emotional well-being: $59,820-$74,775

• Salary you need to be happy: $112,770
• Salary you need for life evaluation: $102,030
• Salary you need for emotional well-being: $64,440-$80,550

• Salary you need to be happy: $113,715
• Salary you need for life evaluation: $102,030
• Salary you need for emotional well-being: $64,440-$80,550

• Salary you need to be happy: $90,720
• Salary you need for life evaluation: $82,080
• Salary you need for emotional well-being: $51,840-$64,800

• Salary you need to be happy: $106,050
• Salary you need for life evaluation: $95,950
• Salary you need for emotional well-being: $60,600-$75,750

• Salary you need to be happy: $134,190
• Salary you need for life evaluation: $121,410
• Salary you need for emotional well-being: $76,680-$95,850

• Salary you need to be happy: $86,100
• Salary you need for life evaluation: $77,900
• Salary you need for emotional well-being: $49,200-$61,500

• Salary you need to be happy: $105,210
• Salary you need for life evaluation: $95,190
• Salary you need for emotional well-being: $60,120-$75,150

• Salary you need to be happy: $108,465
• Salary you need for life evaluation: $98,135
• Salary you need for emotional well-being: $61,980-$77,475

• Salary you need to be happy: $100,275
• Salary you need for life evaluation: $90,725
• Salary you need for emotional well-being: $57,300-$71,625

• Salary you need to be happy: $92,295
• Salary you need for life evaluation: $83,505
• Salary you need for emotional well-being: $52,740-$65,925

• Salary you need to be happy: $98,910
• Salary you need for life evaluation: $89,490
• Salary you need for emotional well-being: $56,520-$70,650

• Salary you need to be happy: $92,295
• Salary you need for life evaluation: $83,505
• Salary you need for emotional well-being: $52,740-$65,925

• Salary you need to be happy: $116,550
• Salary you need for life evaluation: $105,450
• Salary you need for emotional well-being: $66,600-$83,250

• Salary you need to be happy: $167,055
• Salary you need for life evaluation: $151,145
• Salary you need for emotional well-being: $95,460-$119,325

• Salary you need to be happy: $185,010
• Salary you need for life evaluation: $167,390
• Salary you need for emotional well-being: $105,720-$132,150

• Salary you need to be happy: $94,185
• Salary you need for life evaluation: $85,215
• Salary you need for emotional well-being: $53,820-$67,275

• Salary you need to be happy: $81,375
• Salary you need for life evaluation: $73,625
• Salary you need for emotional well-being: $46,500-$58,125

• Salary you need to be happy: $113,820
• Salary you need for life evaluation: $102,980
• Salary you need for emotional well-being: $65,040-$81,300

• Salary you need to be happy: $128,520
• Salary you need for life evaluation: $116,280
• Salary you need for emotional well-being: $73,440-$91,800

• Salary you need to be happy: $88,935
• Salary you need for life evaluation: $80,465
• Salary you need for emotional well-being: $50,820-$63,525

• Salary you need to be happy: $110,250
• Salary you need for life evaluation: $99,750
• Salary you need for emotional well-being: $63,000-$78,750

• Salary you need to be happy: $108,255
• Salary you need for life evaluation: $97,945
• Salary you need for emotional well-being: $61,860-$77,325

• Salary you need to be happy: $177,030
• Salary you need for life evaluation: $160,170
• Salary you need for emotional well-being: $101,160-$126,450

• Salary you need to be happy: $185,325
• Salary you need for life evaluation: $167,675
• Salary you need for emotional well-being: $105,900-$132,375

• Salary you need to be happy: $88,620
• Salary you need for life evaluation: $80,180
• Salary you need for emotional well-being: $50,640-$63,300

• Salary you need to be happy: $94,290
• Salary you need for life evaluation: $85,310
• Salary you need for emotional well-being: $53,880-$67,350

• Salary you need to be happy: $110,250
• Salary you need for life evaluation: $99,750
• Salary you need for emotional well-being: $63,000-$78,750

• Salary you need to be happy: $114,135
• Salary you need for life evaluation: $103,265
• Salary you need for emotional well-being: $65,220-$81,52

• Salary you need to be happy: $139,020
• Salary you need for life evaluation: $125,780
• Salary you need for emotional well-being: $79,440-$99,300

• Salary you need to be happy: $107,520
• Salary you need for life evaluation: $97,280
• Salary you need for emotional well-being: $61,440-$76,800

• Salary you need to be happy: $127,680
• Salary you need for life evaluation: $115,520
• Salary you need for emotional well-being: $72,960-$91,200

• Salary you need to be happy: $94,290
• Salary you need for life evaluation: $85,310
• Salary you need for emotional well-being: $53,880-$67,350

• Salary you need to be happy: $168,420
• Salary you need for life evaluation: $152,380
• Salary you need for emotional well-being: $96,240-$120,300

• Salary you need to be happy: $256,200
• Salary you need for life evaluation: $231,800
• Salary you need for emotional well-being: $146,400-$183,000

• Salary you need to be happy: $225,750
• Salary you need for life evaluation: $204,250
• Salary you need for emotional well-being: $129,000-$161,250

• Salary you need to be happy: $176,190
• Salary you need for life evaluation: $159,410
• Salary you need for emotional well-being: $100,680-$125,850

• Salary you need to be happy: $100,485
• Salary you need for life evaluation: $90,915
• Salary you need for emotional well-being: $57,420-$71,775

• Salary you need to be happy: $86,520
• Salary you need for life evaluation: $78,280
• Salary you need for emotional well-being: $49,440-$61,800

• Salary you need to be happy: $108,465
• Salary you need for life evaluation: $98,135
• Salary you need for emotional well-being: $61,980-$77,475

• Salary you need to be happy: $158,130
• Salary you need for life evaluation: $143,070
• Salary you need for emotional well-being: $90,360-$112,950

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Jake Arky contributed to the reporting of this article.

_{Methodology: GOBankingRates determined the cost-of-living-adjusted minimum salary needed to be “happy” based on income satiationlevels identified by Purdue University researchers. Global income satiation levels are the following: $95,000 for “lifeevaluation” and $60,000-$75,000 for “emotional well-being.” In North America, the income satiation level is $105,000 for”life evaluation,” according to Purdue. To get a city level breakdown, we factored in each city’s cost of living index, sourcedfrom Sperling’s Best Places. Only the largest 50 cities (in terms of population as sourced from the 2021 AmericanCommunity Survey) were included. All data was collected on and is up to date as of April 25, 2023.}