While money can't buy happiness, where you live might make you happier on less money than you thought.

That's according to a Gallup-Sharecare research project in conjunction with Time magazine, which finds that while more money does improve one's likelihood of feeling happy up to a certain threshold, that threshold varied depending on the part of the country in which study subjects lived.

The study finds that "[i]n the U.S., the chances of experiencing three positive emotions or actions—happiness, enjoyment and smiling/laughter—on any given day increases with household income. But those chances reach their limit at around $75,000 per year."

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