Money really does buy happiness for most people, researchers say

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. In other words, he found no happiness plateau, contradicting Kahneman's research. Killingsworth based his results on happiness rankings recorded by more than 33,000 Americans on a smartphone app.

Their happiness"rises quickly" in the lower range of income before"leveling off abruptly at $100,000 to a near-zero, statistically nonsignificant slope in the higher range of incomes," the researchers wrote. Meanwhile, happiness"increases steadily" along with income among the rest of the population, Killingsworth, Kahneman, and Mellers found. For the happiest 30% of people, happiness rises at an accelerated rate beyond $100,000.

 

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