Phrases such as quality of life and life satisfaction have been used to evaluate the wellbeing of individuals and societies. It is used in contexts when rising developments have led to enhanced leisure and increased happiness. Evidence shows that as incomes have risen, so have standards of living. However, indices of happiness and life satisfaction in societies have remained constant. This paper examines data from representative national surveys and shows that happiness has risen in a majority of nations. However, data suggest that rising incomes do not result in individual happiness. The paper then focuses on the relationship between income and happiness in China. It also sees happiness from an artist's point of view. The similarities of happiness and leisure are discussed along with the dimensions of feeling and experience. In the context of the hedonic treadmill, social comparison and set point theory, the paper concludes that a close relationship exists between leisure and happiness.