Yes, all the research says there is a direct correlation between income and happiness up until about $70k from memory, so around £58k (so around top 10% of earners in UK). After that increase's in happiness aren't correlated with increases in income, things like hobbies, family and social interactions, free time start to come in to play.
I suppose the question is whether that’s driven by achieving an absolute material living standard or whether being in the top 10% somehow satisfies the envious monkey brain.
Yes, all the research says there is a direct correlation between income and happiness up until about $70k from memory, so around £58k (so around top 10% of earners in UK). After that increase's in happiness aren't correlated with increases in income, things like hobbies, family and social interactions, free time start to come in to play.