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by jkyle
3822 days ago
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> I think studies have shown that past a relatively low (by SV standards) level of income ($75kish I think) the relationship between money and happiness breaks down. This is true. But while that is low by SV standards, the $75k threshold from the study is targeted to "median america" cost of living. If you adjust for cost of living and for purchasing power over the 6 years since the study was conducted, you end up with quite a bit more for areas like San Francisco. In fact, you'd probably be looking at more like 175-185k. [1] 1. http://www.advisorperspectives.com/dshort/commentaries/Happi... |
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