WalletHub: Can Money Really Buy Happiness?

ST. LOUIS (KMOX) – Are people smiling more in Missouri or Illinois?

Topping this list compiled by the personal finance website Wallet Hub.com is Utah, followed by Minnesota and North Dakota. Illinois comes in at number 25 – right in the middle. Missouri is near the bottom at number 42.

“Ultimately we found that money does buy happiness, but only up to a certain level,” says a source from WalletHub. “We saw a maximum of around $75,000 a year can really supplement kind of this happy lifestyle.”

Illinois is at number 6 for having the highest income level at $59,000 a year. Missouri is 25th at $52,000.

(TM and Copyright 2016 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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