Living in Colorado has its advantages and a recent survey proves one of those advantages is the happiness of the people who live here.

Wallethub's latest survey of the happiest states in America places Colorado at number five.

The survey used three areas to determine the happiest states. They are emotional and physical well-being, work environment, and community and environment.

Each of these general categories was divided into 28 key metrics to determine how happy people are in each state.

Of those metrics, Colorado was number one in highest sleep rate, and second in lowest obesity and number of sports participants.

According to the survey, these are the 10 happiest US States.

  1. Utah
  2. Minnesota
  3. North Dakota
  4. Hawaii
  5. Colorado
  6. Idaho
  7. Iowa
  8. Nebraska
  9. South Dakota
  10. California

According to Proceedings of the National Academy of Sciences of the United States, money can give a person a sense of life satisfaction. The research also indicates once income exceeds $75,000 that satisfaction plateaus.

The survey also found life satisfaction doesn't necessarily translate into happiness, proving money doesn't buy happiness.