How much does happiness cost around the world? The global average of the price of happiness is $85,000 a year, new report says The price of happiness is most expensive in Bermuda at $143,933. Getty Images Fans watch Queen and Adam Lambert perform at a concert in Sydney. Australia has a happiness premium of $135,321 per year. Photo: AFP A general view of the Tel Aviv skyline in Israel, which carries a happiness price tag of $130,457 annually. Photo: AFP Skiers at Zermatt in the Swiss Alps. The price of happiness in Switzerland is steep at $128,969 per annum. Photo: AFP Spectators celebrate Emirates Team New Zealand victory at the 36th America's Cup in Auckland. The price of happiness in New Zealand is $128,844 annually. Photo: AFP