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
...
Dubai
Income needed to be happy: $276,150
Global rank: 1
...
Singapore
Income needed to be happy: $227,563
Global rank: 2
...
Hong Kong
Income needed to be happy: $197,702
Global rank: 3
...
Mexico
Income needed to be happy: $185,163
Global rank: 4
...
Italy
Income needed to be happy: $175,825
Global rank: 5
...
Peru
Income needed to be happy: $157,455
Global rank: 6
...
Brazil
Income needed to be happy: $143,650
Global rank: 7
...
Colombia
Income needed to be happy: $141,776
Global rank: 8
...
The United Kingdom
Income needed to be happy: $133,010
Global rank: 9
...
Chile
Income needed to be happy: $128,675
Global rank: 10
...
France
Income needed to be happy: $114,344
Global rank: 11
...
Austria
Income needed to be happy: $104,477
Global rank: 12
...
Germany
Income needed to be happy: $85,781
Global rank: 13
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