A Purdue University study on income and happiness found that while increased income does indeed boost subjective well-being, once a certain "satisfaction point" is reached, further income growth no longer significantly increases happiness. This ideal income level, also known as the "happiness price," varies by region.
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A Purdue University study on income and happiness found that while increased income does indeed boost subjective well-being, once a certain "satisfaction point" is reached, further income growth no longer significantly increases happiness. This ideal income level, also known as the "happiness price," varies by region.