Marginalium

A note in the margins

March 5, 2021

Re-evaluating Income and Happiness Beyond $75,000:

experienced well-being rises linearly with log income, with an equally steep slope above $80,000 as below it

A rebuttal to the conventional wisdom that income over $75,000 does not increase happiness. Possibly due to continuous experience sampling vs a dichotomous (yes/no) methodology. One wonders if that means people feel differently from moment to moment about happiness than when asked to evaluate happiness overall.


filed under:

Join over 2000 of us. Get the newsletter.