Canadians need over $155,000 average incomes to buy happiness—Vancouver, Toronto, and Victoria require highest earnings: Study
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Article Excerpt
Canadians need over $155,000 average incomes to buy happiness—Vancouver, Toronto, and Victoria require highest earnings: Study
ANALYSIS
11 AUGUST 2026
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ARTICLE
SUMMARY
KEY STATS
In order to reach optimal happiness from healthy finances, Canadians need to earn an average annual income of $155,850 CAD.
That’s according to a study released late last month by digital financial services company Remitly, building on research from Purdue University that found “subjective well-being” improved with increased income until a point of “income satiation,” meaning any earnings above that threshold didn’t…
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