Can money buy happiness?


By AGENCY
A new study reveals the different prices of happiness in 173 countries. Photo: AFP

Happiness, it would seem, has a price! But that price isn’t the same depending on where in the world you live. If you live in Iran, you’d have to earn US$239,700 (RM1,124,420) a year, whereas in Portugal you could be happy on US$61,237 (RM287,260).

The famous saying tells us that “money can’t buy happiness”. Of course, when someone invokes this age-old expression, one often hears the retort “but it does help”. Except that the financial resources required to achieve this will differ depending on whether you live in Britain (US$85,440/ RM400,795) or Sierra Leone (US$8,658/ RM40,614). In France, for example, you’d have to earn US$79,602 (RM373,404) a year, to be happy, whereas in Australia this well-being would come at a higher cost, in the region of US$121,191 (RM568,494).

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Happiness , money , earning power

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