what salary do you need to be happy

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The Minimum Salary You Need To Be Happy in Every State

Can money buy happiness? According to a contempo Purdue study published in the journal Nature Homo Behaviour, income can correlate with emotional well-being and life satisfaction.

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"Globally, we notice that satiation occurs at $95,000 for life evaluation and $60,000 to $75,000 for emotional well-beingness," said the report's authors in the journal. However, the study also institute that the ideal income for life satisfaction in Due north America is $105,000, equally reported by Inc.

To estimate how much money you might need to be satisfied or happy in every U.South. state, GOBankingRates factored in each country's cost-of-living index and used the $105,000 effigy as the "benchmark." The states were ranked from least to most corporeality of money needed to be happy. GOBankingRates also included unemployment and crime rates for many states for informational purposes.

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Keep reading to find out how much information technology takes to exist happy in your state. Information technology's important to go along in mind, though, that "happiness" is subjective.

The price to live comfortably can vary from person to person.

Last updated: Sep. 7, 2021

Mississippi

Minimum salary needed to exist happy: $87,465

If you love living in Mississippi, lucky you! The state'south depression cost of living means you lot can stretch your paycheck that much further. And while nearly $ninety,000 is a lot more than than virtually Mississippians earn in a twelvemonth, the range the report sets for "emotional well-being" goes as low as near $50,000 a twelvemonth in the birthplace of the dejection.

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Kansas

Minimum salary needed to be happy: $91,455

Kansas' salary to exist happy is nearly $xiv,000 a year below the rate quoted for North America as a whole, representing a cost of living that's almost 14% below the national boilerplate.

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Oklahoma

Minimum salary needed to be happy: $93,030

Oklahoma'due south low price of living is likely going to be fifty-fifty more welcome than usual given the current unemployment rate is iii.5 percent.

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Alabama

Minimum bacon needed to be happy: $93,240

If yous're looking at a effigy of $93,240 and thinking it's just not realistic in the Yellowhammer State, yous should know that the study's band of incomes assuasive for "emotional well-being" runs as low as $53,280.

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Arkansas

Minimum salary needed to be happy: $93,555

That $93,555 might seem out of reach for many Arkansans, but it's notable that a range of $53,460 to $66,825 would get you lot to the "emotional well-being" stage described in the Purdue study.

Georgia

Minimum salary needed to exist happy: $93,870

Not only can Georgians merits to have ane of the virtually accessible levels of income to be happy, they also live in i of the states that'due south lucky plenty to still exist showing an unemployment charge per unit beneath 4%.

digidreamgrafix / Getty Images/iStockphoto

Tennessee

Minimum salary needed to be happy: $94,080

Tennessee's cost of living is ten% beneath the national average, simply its crime rates are higher — potentially making happiness that much harder to attain. The country sees 5.95 violent crimes and 26.53 belongings crimes per ane,000 residents.

Missouri

Minimum salary needed to be happy: $94,605

The "life evaluation" stage — in which you feel comfortable about providing for your bones needs and offset considering other, bigger questions — would come up at a more attainable $85,595 in the Show-Me State.

New United mexican states

Minimum bacon needed to be happy: $95,340

Being able to stretch your paycheck farther than most of the balance of the country has got to make life easier for all New Mexicans — fifty-fifty those making well nether $ninety,000 a year. However, residents' happiness levels could be express by the high rates of tearing and holding crime.

Indiana

Minimum salary needed to exist happy: $95,550

Hoosiers have been striking hard by the coronavirus pandemic, though the unemployment rate has rebounded to iv.1%. Additionally, Indiana has a low law-breaking rate that should help residents manage the crunch just a trivial easier.

Related: 35 Cities Where You Can Afford To Alive on Less Than $50,000

Iowa

Minimum salary needed to exist happy: $95,655

Iowans can enjoy lower costs than the nation on the whole as well as much lower criminal offense rates. As such, Hawkeyes earning less than $95,655 a yr take enough of reasons to savor life.

Michigan

Minimum salary needed to exist happy: $95,970

The Dandy Lake Country is too the great cost of living state for many. However, it has been striking especially difficult by the coronavirus and most i in v Michiganders is currently unemployed.

Ohio

Minimum salary needed to be happy: $96,600

At the height of the pandemic, xiii.7% of the Buckeye Country was unemployed. However, that number has rebounded to 5.4%, hopefully improving the lives of many Ohioans.

Texas

Minimum salary needed to be happy: $97,230

Residents of the Longhorn Country are fond of proverb "everything's large in Texas," merely that definitely doesn't include prices. The cost of living at that place is well-nigh eight% beneath the national average.

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West Virginia

Minimum salary needed to be happy: $97,545

While the unemployment charge per unit in Westward Virginians is at 5%, the state does have an especially low rate of property crime going for information technology. There are only over 15 a year for every 1,000 residents.

Louisiana

Minimum salary needed to exist happy: $98,070

One affair that likely makes it harder to be happy in Louisiana is that information technology'southward has the highest property criminal offense charge per unit of all us. In that location are nigh 32 such incidents each twelvemonth for every 1,000 people living there.

Kentucky

Minimum salary needed to be happy: $98,595

Kentucky'due south relatively low cost of living is paired with its very low rates of offense. There'southward just over two vehement crimes for every 1,000 Kentuckians each year, and simply nether twenty property crimes.

Nebraska

Minimum salary needed to be happy: $98,595

Nebraska's normally low cost of living is looking even improve correct now as its unemployment rate continues to lag way behind the rest of the state. Sitting at just 3.0%, it'southward among the everyman in the country.

Idaho

Minimum salary needed to be happy: $99,540

The people of Idaho certainly don't call back of $99,000 as small potatoes, but even those earning less than that can enjoy decently low rates of trigger-happy law-breaking and holding criminal offense in the country.

Illinois

Minimum salary needed to exist happy: $100,170

Illinois' current unemployment charge per unit hovers north of 7%, suggesting that a lot of people in that location are currently focused on making ends meet for the present. Notwithstanding, people can all the same find emotional well being at just $57,240.

Wyoming

Minimum salary needed to be happy: $100,275

Wyoming has hardly come through this crisis unscathed; it was at an 8.8% unemployment rate in February. Withal, that rate has come upwards to just 5.2% and it has low trigger-happy and property law-breaking to first economic issues.

S Carolina

Minimum salary needed to exist happy: $101,220

North and South Carolina have near identical costs of living, then there'due south no deviation in what it takes to be happy between them. Withal, South Carolinians are victim to far more property crime as i of just 4 states with 29 or more than such incidents per one,000 residents.

North Carolina

Minimum salary needed to be happy: $101,220

Making $100,000 a year is often considered a long-term goal for many Americans, and that could be reinforced by the conclusions of the Purdue study. North Carolina is among those states where you lot demand to brand at least $100,000 a year to exist happy, but 30 others similarly call for a six-figure income to be happy.

Wisconsin

Minimum bacon needed to be happy: $101,850

Plenty in the Badger State might view a bacon of over $100,000 outside of what they can await from their career, only that doesn't mean they're doomed to a life of beingness overworked. For a state of "emotional well-being," anywhere from $58,200 to $72,750 will suffice.

North Dakota

Minimum salary needed to be happy: $102,480

One of those lucky states where unemployment has remained beneath iv%, North Dakotans are still looking at a considerable sum to reach happiness equally divers by the Purdue study.

Utah

Minimum salary needed to be happy: $103,530

While that 6-figure income might leave some Utahans feeling a picayune intimidated, it should be noted the state has a lot going for information technology — similar comparatively depression rates of unemployment and violent criminal offence.

South Dakota

Minimum salary needed to be happy: $103,950

South Dakotans can expect an easier time than most of the country when it comes to property crime. The charge per unit of 17.71 crimes per i,000 residents each yr is amongst the nation's lowest.

Montana

Minimum salary needed to be happy: $105,315

While the toll of living in Montana is higher than the nation as a whole, information technology might non be felt equally hard in that location at the moment. Montana's unemployment rate is likewise comfortably low at three.half dozen%.

Florida

Minimum salary needed to be happy: $106,050

The Sunshine Land is doing pretty well, despite previously loftier unemployment during the pandemic. Right at present, unemployment is at 5.1%.

Minnesota

Minimum salary needed to be happy: $106,260

One thing that'due south likely to help improve the happiness of Minnesotans of all incomes is the relatively depression charge per unit of violent and belongings law-breaking, with rates of just 2.36 and 20.79 per ane,000 residents, respectively.

Virginia

Minimum salary needed to be happy: $106,365

Virginia boasts the 4th-lowest trigger-happy criminal offence rate in the country, and the relative peace of listen that can come with a firm sense of safety is hard to put a toll on. Nevertheless, in terms of price of living alone, the country'southward among the costlier of the rest of the country.

Arizona

Minimum salary needed to be happy: $107,520

Arizona is just a tenth of a pct higher than the national average for toll of living, making it a not bad style to get a sense of costs for the typical American. The land's 6.6% unemployment rate is higher than the rest of the state, only Arizonans can get by on just $61,440 for "emotional well-existence."

Colorado

Minimum salary needed to be happy: $110,670

Colorado is higher than the norm both in terms of cost of living and its rate of property crimes per 1,000 residents, but yous tin withal look to find "emotional well-beingness" in an income range of $63,240 to $79,050.

See: What a $100K Salary Looks Like After Taxes in Your State

Pennsylvania

Minimum salary needed to be happy: $108,150

Pennsylvania's economy was hit harder than many others, with an unemployment rate, though lower than its peak of 13.1%, is notwithstanding higher than others at vi.6%. Yet, the most recent information on its belongings crime charge per unit shows them to exist amongst the nation's lowest.

Delaware

Minimum salary needed to exist happy: $113,400

Delaware's unemployment rate has rebounded from its tiptop, downwardly to five.6%. So, while $113,400 a yr likely seemed out of attain for about residents in skillful times, the slight rebound in employment should be helping.

Nevada

Minimum salary needed to be happy: $113,505

With its stiff clan with the hospitality manufacture, Nevada has been hit hardest past the pandemic. Information technology has the nation's highest unemployment rate at 7.7%.

Run into: How To File for Unemployment and What To Do After Losing Your Job

New Hampshire

Minimum bacon needed to be happy: $114,975

Toll of living is high throughout New England, and New Hampshire is no exception, with residents paying nine.5% more than the national average. Only the high cost to live here correlates with the state'due south safety. New Hampshire has extremely low crime rates — it's one of but 3 states with fewer than 2 violent crimes annually per i,000 residents.

Washington

Minimum salary needed to be happy: $118,335

While $118,000 may seem like a lot to attain, residents here can notwithstanding notice "emotional well-being" in the range of $67,620 to $84,525.

New Jersey

Minimum salary needed to be happy: $121,275

The Garden State might have some of the lowest crime rates in the country, but it'southward also coming at a high cost of living, 15 pct higher than the national average. And that tin't be piece of cake to bear correct now, with an unemployment rate over 7%.

Maine

Minimum bacon needed to be happy: $122,325

Maine represents the nation's safest land, with but 1.fifteen violent crimes annually per i,000 residents. However, living here isn't inexpensive, with a cost of living that is more than sixteen% over the national boilerplate.

Vermont

Minimum salary needed to be happy: $122,640

Vermont boats a violent law-breaking rate of just above ii per every 1,000 residents, Vermont as well has one of the nation's lowest rate for property crime at 14.24 a year per one,000 residents.

Rhode Island

Minimum bacon needed to be happy: $125,160

Rhode Island is one more New England state where information technology costs a lot to get past, simply the crime rates are very low. The toll of living is nineteen.2% higher than the national average, but at that place are just 2.21 vehement crimes and 15.35 belongings crimes per 1,000 residents each year.

Connecticut

Minimum salary needed to exist happy: $128,415

While neighboring Rhode Island was hit especially hard past the pandemic Connecticut avoided some of the worst of information technology. Unemployment there remains beneath vii.five%.

Maryland

Minimum salary needed to be happy: $131,775

Maryland's unemployment rates are at half-dozen% right at present, peculiarly with a price of living 25.5% higher than the national average. Simply people can still discover happiness here at around $75,300 annual income.

Alaska

Minimum salary needed to exist happy: $132,615

The crime rates in Alaska are among the highest in the country. Its violent crime rate is 8.67 a year per 1,000 residents, and its holding law-breaking rates is 29.xi a year per ane,000 residents.

Oregon

Minimum bacon needed to be happy: $138,495

The price of living is more than than a full third higher than the national average. So while the unemployment rate is downwardly to 5.2% being out of work at that place is likely a much more hard proposition than in other parts of the country.

Massachusetts

Minimum bacon needed to exist happy: $139,125

Much like the remainder of New England, Massachusetts has a combination of relatively low criminal offence and high costs. The cost of living is 32.5% higher than the national average, merely there are merely 3.28 violent crimes per 1000 people, and the property criminal offence rate is just 11.80.

California

Minimum salary needed to exist happy: $145,845

California's notoriously loftier price of living is on display here, with just over $145,000 a year being needed to secure happiness. While California's staggering sixteen.iii% unemployment rate at the height of the pandemic has come down, 7.six% is yet among the highest in the nation.

New York

Minimum bacon needed to be happy: $153,195

The Empire Country comes with some empire-sized costs of living, with the boilerplate New York resident shelling out 45.9% more than the national average. And with an unemployment rate of 7.half-dozen%, times are tough for a lot of New Yorkers correct at present.

Hawaii

Minimum salary needed to exist happy: $203,070

The cost of living in Hawaii is simply under double that of the rest of the country, making it particularly costly to be happy there. You'll need to plan on earning over $200,000 a yr to accomplish that land of bliss in the Aloha Land.

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Jordan Rosenfeld and Alexandria Bova contributed to the reporting of this article.

Methodology: GOBankingRates determined the price-of-living-adapted minimum salary needed to exist "happy" based on income satiation levels identified by Purdue Academy researchers. Global income satiation levels are the post-obit: $95,000 for "life evaluation" and $60,000-$75,000 for "emotional well-existence." In North America, the income satiation level is $105,000 for "life evaluation," according to Purdue. To get a land-by-state breakdown, nosotros factored in each city'due south cost of living index, sourced from the Missouri Economic Research and Data Heart: Composite Cost of Living Index Quarter Two of 2021. For supplemental data, GOBankingRates plant each state'due south July 2021 unemployment rate as sourced from the Bureau of Labor Statistics and vehement and property offense rates (per 1,000 residents) as sourced from NeighborhoodScout.com. All data was nerveless on and is up to engagement equally of Baronial thirty, 2021.

This article originally appeared on GOBankingRates.com: The Minimum Salary You Demand To Be Happy in Every State

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what salary do you need to be happy

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