Question: How Much Money Do You Need To Earn In Your State to Be "Happy?"

May 08, 2017
Chart of the Week, Career, Question of the Day, Research

Answer (from Advisor Perspectives):


  • Do you agree with this research that finds that $75,000 income is the “road to happiness?” Why or why not?
  • Is your state above or below the national average?
  • What are some examples of costs in your state that you think may be above or below the national average?
  • Would looking at a chart like this change your mind about where you might want to settle as an adult?
  • What is one additional question that you have after reviewing this chart?

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.