(Research Reveals) How Much Money Do People Need to be Happy: Money is one of the most important parts of life, which for sure bring happiness into anyone’s life, a research conducted by Gallup World Poll which reveals truth about how much money you need to have to be happy in life.
The study has discussed few main points for income that is beyond which money doesn’t buy happiness, rather which leads to a number of issues such as stress and whatnot.
This cut-off includes with geographical and as well as gender wise. Money which leads to satisfactory lifestyle from job to home and enjoying things you really love, however, beyond the certain points, that the increased income levels do not correlate to satisfaction.
R E A D A L S O |
This life-satisfaction survey which was conducted across the globe with over 1 million respondents rating their lies on a scale of 0-10 along with their annual incomes.
Gender-wise Satiation Point
Well, the survey has revealed that a woman needs more money to be happy in life.
Gender | Satiation Point (US Dollar 2016) |
Female | 100,000 |
Male | 90,000 |
Region-wise Satiation Point
The geographic location that plays a vital role in determining the cut-off above which the money leads to no further happiness.
Australia/New Zealand which have the highest satiation point of $125K whereas Latin Americans are happy up till the cut-off income of over $35K.
The global average remained at $95K.
Region | Satiation Point (US Dollar 2016) |
Australia/New Zealand | 125,000 |
Middle East/North Africa | 115,000 |
East Asia | 110,000 |
North America | 105,000 |
Western Europe/Scandinavia | 100,000 |
Southeast Asia | 70,000 |
Eastern Europe/The Balkans | 45,000 |
Sub-Saharan Africa | 40,000 |
Latin America/ The Caribbean | 35,000 |
Global | 95,000 |
What do you think about this survey results? Comment your views below in the comment section.
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