LOS ANGELES (KABC) -- A new study revealed people living in Los Angeles County are slightly less happy with their lives and less optimistic about the economy than most Americans.
The reason: High cost of living. Researchers say the results suggest area residents weren't happy with their personal finances or the economy.
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The "LABarometer" survey, which was conducted by the USC Dornsife Center for Economic and Social Research, asked 1,700 residents to report their average satisfaction on a scale of 1 to 7, with 1 being the least satisfied. L.A. County participants had an average score of 4.4, compared to the national average of 4.6.
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