Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Minnesota

Showing Original Post only (View all)

iemanja

(56,536 posts)
Thu Jul 7, 2022, 03:27 PM Jul 2022

This is how much money you need to make to be happy living in Minnesota, survey finds [View all]

A survey from Purdue University and GoBankingRates.com found Minnesotans need a minimum annual salary of $105,000 to live happy, with the survey saying "One thing that's likely to help improve the happiness of Minnesotans of all incomes is the relatively low rate of violent and property crime, with rates of just 2.75 and 21.07 per 1,000 residents, respectively."

According to the Minnesota Department of Employment and Economic Development, the average weekly salary in Hennepin County in the fourth quarter of 2021 was $1,673, which totals nearly $87,000 annually. The average weekly salary in Hennepin County is the highest of any Minnesota county.

The study also noted the ideal income for "life satisfaction" in North America is $105,000 — the same as Minnesota's "required" minimum salary.

"Globally, we find that satiation occurs at $95,000 for life evaluation and $60,000 to $75,000 for emotional well-being," said the study’s authors in the journal. The study also noted that the ideal income for "life satisfaction" in North America is $105,000.

https://www.fox9.com/news/money-minimum-salary-minnesota-happiness


The article doesn't specify whether this is for a family or individual. It does seem high to me though, since a large number of Minnesotans live on far less. I may not be the happiest person ever, but somehow I don't think money is the cause.
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Region Forums»Minnesota»This is how much money yo...»Reply #0