Re:How much money do people need to be happy?
by dgacmu on Wednesday February 28, 2018 @05:07PM
(#16487569)
It's also worth noting that it's normalized to household size -- income divided by sqrt(household size). So for a married couple with two children -- a number close to my own heart -- the 105k satiation point would be real dollars of 210k/year.
Dollars are also represented as International Dollars, which are adjusted for the local purchasing power, expressed in units equivalent to one USD in the US.
Re:How much money do people need to be happy?
by sjg007 on Wednesday February 28, 2018 @05:32PM
(#16487793)
That makes sense. It's a lot and doesn't go very far in the Bay area but it makes things better than just 105k-120k for a family of 4 which can work but can be stressful.
Dollars are also represented as International Dollars, which are adjusted for the local purchasing power, expressed in units equivalent to one USD in the US.