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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
A view of the downtown area in Los Angeles.

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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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
A view of Burj Khalifa from Al Qasr hotel in the Old Town, Dubai.

Dubai

Income needed to be happy: $276,150

Global rank: 1

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
The Marina Bay Sands hotel and ArtScience Museum in Singapore.

Singapore

Income needed to be happy: $227,563

Global rank: 2

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
A view of Hong Kong.

Hong Kong

Income needed to be happy: $197,702

Global rank: 3

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
Hot air balloons fly over the Metropolitano park in Leon in the Mexican state of Guanajuato.

Mexico

Income needed to be happy: $185,163

Global rank: 4

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
Duomo cathedral in Milan.

Italy

Income needed to be happy: $175,825

Global rank: 5

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
Tourists take pictures of the San Francisco Monastery at Lima's downtown.

Peru

Income needed to be happy: $157,455

Global rank: 6

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
Brazilian National Congress in Brasilia.

Brazil

Income needed to be happy: $143,650

Global rank: 7

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
A couple chat as they drink coffee at Juan Valdes cafe in Bogota.

Colombia

Income needed to be happy: $141,776

Global rank: 8

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
Traffic on the road and the Thames passes the Houses of Parliament in London.

The United Kingdom

Income needed to be happy: $133,010

Global rank: 9

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
A view of Santiago City.

Chile

Income needed to be happy: $128,675

Global rank: 10

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
People enjoy the sun as Paris Beach opens along banks of the River Seine.

France

Income needed to be happy: $114,344

Global rank: 11

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
A view of Vienna International Center and UN headquarters in Vienna.

Austria

Income needed to be happy: $104,477

Global rank: 12

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How much income makes a person happy? Find out...

Last updated on: December 3, 2012 10:19 IST
People are reflected in a shop window as they walk in Potsdamer Street in Berlin.

Germany

Income needed to be happy: $85,781

Global rank: 13