How much income makes a person happy? Find out...
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A recent study of more than 5,000 consumers across four continents has revealed the amount of net annual income needed for people to feel happy is an imposing $161,810 - 15 times the global average for an individual's income. Overall, some 80 per cent of individuals believe that earning this amount each year would make them feel really happy.
This is according to the findings of the Wealth Sentiment Survey, a study commissioned by the international investment company Skandia International, part of Old Mutual Wealth.
Let's take a look at how much income a person needs to feel happy.
Source: skandiainternational.com
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Image: A view of the downtown area in Los Angeles.
Photographs: Mario Anzuoni/Reuters
How much income makes a person happy? Find out...
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Dubai
Income needed to be happy: $276,150
Global rank: 1
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Image: A view of Burj Khalifa from Al Qasr hotel in the Old Town, Dubai.
Photographs: Jumana El-Heloueh/Reuters
How much income makes a person happy? Find out...
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Singapore
Income needed to be happy: $227,563
Global rank: 2
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Image: The Marina Bay Sands hotel and ArtScience Museum in Singapore.
Photographs: Matthew Lee/Reuters
How much income makes a person happy? Find out...
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Hong Kong
Income needed to be happy: $197,702
Global rank: 3
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Image: A view of Hong Kong.
Photographs: Bobby Yip/Reuters
How much income makes a person happy? Find out...
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Mexico
Income needed to be happy: $185,163
Global rank: 4
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Image: Hot air balloons fly over the Metropolitano park in Leon in the Mexican state of Guanajuato.
Photographs: Stringer/Reuters
How much income makes a person happy? Find out...
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Italy
Income needed to be happy: $175,825
Global rank: 5
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Image: Duomo cathedral in Milan.
Photographs: Stefano Rellandini/Reuters
How much income makes a person happy? Find out...
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Peru
Income needed to be happy: $157,455
Global rank: 6
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Image: Tourists take pictures of the San Francisco Monastery at Lima's downtown.
Photographs: Enrique Castro-Mendivil/Reuters
How much income makes a person happy? Find out...
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Brazil
Income needed to be happy: $143,650
Global rank: 7
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Image: Brazilian National Congress in Brasilia.
Photographs: Ricardo Moraes/Reuters
How much income makes a person happy? Find out...
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Colombia
Income needed to be happy: $141,776
Global rank: 8
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Image: A couple chat as they drink coffee at Juan Valdes cafe in Bogota.
Photographs: Fredy Builes/Reuters
How much income makes a person happy? Find out...
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The United Kingdom
Income needed to be happy: $133,010
Global rank: 9
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Image: Traffic on the road and the Thames passes the Houses of Parliament in London.
Photographs: Suzanne Plunkett/Reuters
How much income makes a person happy? Find out...
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Chile
Income needed to be happy: $128,675
Global rank: 10
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Image: A view of Santiago City.
Photographs: Victor Ruiz Caballero/Reuters
How much income makes a person happy? Find out...
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France
Income needed to be happy: $114,344
Global rank: 11
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Image: People enjoy the sun as Paris Beach opens along banks of the River Seine.
Photographs: Charles Platiau/Reuters
How much income makes a person happy? Find out...
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Austria
Income needed to be happy: $104,477
Global rank: 12
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Image: A view of Vienna International Center and UN headquarters in Vienna.
Photographs: Herwig Prammer/Reuters
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