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This article was first published 12 years ago

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

Last updated on: December 3, 2012 10:19 IST

Image: A view of the downtown area in Los Angeles.
Photographs: Mario Anzuoni/Reuters

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...

Image: A view of Burj Khalifa from Al Qasr hotel in the Old Town, Dubai.
Photographs: Jumana El-Heloueh/Reuters

Dubai

Income needed to be happy: $276,150

Global rank: 1

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

Image: The Marina Bay Sands hotel and ArtScience Museum in Singapore.
Photographs: Matthew Lee/Reuters

Singapore

Income needed to be happy: $227,563

Global rank: 2

...

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

Image: A view of Hong Kong.
Photographs: Bobby Yip/Reuters

Hong Kong

Income needed to be happy: $197,702

Global rank: 3

...

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

Image: Hot air balloons fly over the Metropolitano park in Leon in the Mexican state of Guanajuato.
Photographs: Stringer/Reuters

Mexico

Income needed to be happy: $185,163

Global rank: 4

...

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

Image: Duomo cathedral in Milan.
Photographs: Stefano Rellandini/Reuters

Italy

Income needed to be happy: $175,825

Global rank: 5

...

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

Image: Tourists take pictures of the San Francisco Monastery at Lima's downtown.
Photographs: Enrique Castro-Mendivil/Reuters

Peru

Income needed to be happy: $157,455

Global rank: 6

...

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

Image: Brazilian National Congress in Brasilia.
Photographs: Ricardo Moraes/Reuters

Brazil

Income needed to be happy: $143,650

Global rank: 7

...

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

Image: A couple chat as they drink coffee at Juan Valdes cafe in Bogota.
Photographs: Fredy Builes/Reuters

Colombia

Income needed to be happy: $141,776

Global rank: 8

...

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

Image: Traffic on the road and the Thames passes the Houses of Parliament in London.
Photographs: Suzanne Plunkett/Reuters

The United Kingdom

Income needed to be happy: $133,010

Global rank: 9

...

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

Image: A view of Santiago City.
Photographs: Victor Ruiz Caballero/Reuters

Chile

Income needed to be happy: $128,675

Global rank: 10

...

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

Image: People enjoy the sun as Paris Beach opens along banks of the River Seine.
Photographs: Charles Platiau/Reuters

France

Income needed to be happy: $114,344

Global rank: 11

...

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

Image: A view of Vienna International Center and UN headquarters in Vienna.
Photographs: Herwig Prammer/Reuters

Austria

Income needed to be happy: $104,477

Global rank: 12

...

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

Image: People are reflected in a shop window as they walk in Potsdamer Street in Berlin.
Photographs: Thomas Peter/Reuters

Germany

Income needed to be happy: $85,781

Global rank: 13