The latest to weigh in on the issue is Skandia International's Wealth Sentiment Monitor. It found that the global average "happiness income" is around $161,000 for 13 countries surveyed. The United States wasn't specifically measured. (Read more: Why Millionaires Prefer Dogs)
But there was a wide range of answers depending on the country. Dubai residents need the most to feel wealthy. They said they needed $276,150 to be happy. Singapore came in second place, with $227,553, followed by Hong Kong, with $197,702.
Singaporeans took the lead on the "wealth" needs, with $2.91 million needed to feel wealthy. Dubai ranked second with $2.5 million, followed by Hong Kong with $2.46 million. Full story
