New data reveals St Albans is among the happiest cities to work and live, but you’ll need a salary of £47K to be satisfied.
A new study by Raisin UK has revealed the cost of happiness across the country and the world. According to data from ONS the score of happiness in the UK is 7.3/10 meaning Brits are overall quite satisfied with life.
The average salary for people living and working in St Albans is £47,507 which is a lot higher than the average UK salary.
The average salary of the top 10 happiest cities in the UK is £33,864, suggesting that people are happiest if they are earning over £30k compared to the lower salaries of unhappy cities.
Kevin Mountford, co-founder of Raisin UK, said: “Whilst our research suggests money can buy happiness it’s not always the case in real life when put into action. Money does help ease the stresses of daily life which could mean a longer life expectancy in the long-term.
“Using the Raisin UK does money buy happiness research, can help you decide which city across the UK and country in the world to live in to be the happiest you possibly can.”
The savings expert analysed data from ONS personal well-being reports and the Happy Planet Index to reveal the cities in the UK where money can buy you happiness and how much you need to earn to buy that happiness.
For more information visit raisin.co.uk/newsroom/articles/does-money-buy-happiness/