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The salary Americans say they need to be happy is under $70,000 in these 10 states – UnlistedNews

Earning a six-figure salary is a common aspiration for many Americans, even if it doesn’t make them feel rich.

But if you’re looking for a salary that makes you happy, it’s likely to cost you close to $100,000. On average, Americans say earning $94,696 a year would make them happy, according to a new Moneyzine.com survey.

However, residents of some states would be happy earning much less: In 33 states, residents listed median wages of less than $100,000 as their “ideal” income.

And in New Hampshire and Delaware, residents wouldn’t even need to earn $50,000 to be happy, the survey found.

New Hampshire residents said that, on average, $42,000 a year would make them happy, the lowest wage in all 50 states. Delaware’s need a little more, but only $49,000.

Surprisingly, they’re not necessarily the most affordable states where residents say lower wages would make them happy enough.

where happiness is cheap

Although the states that named the The highest wages needed to be happy were among some of the most expensive states to live in, including New York and Hawaii; the states with the lowest ideal wages are not necessarily the cheapest.

Although New Hampshire residents named the lowest average salary for happiness, it is the ninth most expensive state to live in, according to the Missouri Center for Economic Research and Information.

And some residents may already be earning their ideal salary. New Hampshire’s median annual income of $47,923 according to data from the Bureau of Labor Statistics exceeds the state’s median ideal salary of $42,000, according to Moneyzine.com.

These are the states with the lowest ideal salaries:

1. New Hampshire

  • Average salary needed to be happy: $42,000
  • average annual salary: $47,923

2.delaware

  • Average salary needed to be happy: $49,000
  • average annual salary: $47,154

3.Vermont

  • Average salary needed to be happy: $55,638
  • average annual salary: $47,320

4. Mississippi

  • Average salary needed to be happy: $57,500
  • average annual salary: $36,109

5. Indiana

  • Average salary needed to be happy: $58,167
  • average annual salary: $42,099

6.kansas

  • Average salary needed to be happy: $61,667
  • average annual salary: $41,870

7.Rhode Island

  • Average salary needed to be happy: $64,000
  • average annual salary: $49,358

8. North Dakota

  • Average salary needed to be happy: $65,158
  • average annual salary: $47,403

9.Wyoming

  • Average salary needed to be happy: $65,778
  • average annual salary: $45,448

10.Alabama

  • Average salary needed to be happy: $69,615
  • average annual salary: $38,480

Mississippi is the least expensive state to live, according to the MERIC Cost of Living Index, which compares local costs for housing and utilities, groceries, transportation and others.

While the median income there isn’t quite up to what residents say they’d need to be happy, it’s not as far off as states like Hawaii and New York, where residents would need more than four times their median income to earn their ideal wages.

Earning more money can certainly make you happier, especially if it takes you from living paycheck to paycheck to living safely. But it is not everything. Research has found that while higher income may be correlated with more joy, the effect of money is not as powerful as taking care of your family, marrying someone you love, or simply having a memorable experience.

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Source

Sara Marcus
Sara Marcushttps://unlistednews.com
Meet Sara Marcus, our newest addition to the Unlisted News team! Sara is a talented author and cultural critic, whose work has appeared in a variety of publications. Sara's writing style is characterized by its incisiveness and thought-provoking nature, and her insightful commentary on music, politics, and social justice is sure to captivate our readers. We are thrilled to have her join our team and look forward to sharing her work with our readers.
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