The aims of this paper are the following: (1) examining the profiles of subjective poverty methods; (2) exploring the factors affecting households' subjective poverty; (3) investigating the factors determining households' subjective evaluation of their minimal standard of living and their relative contributions to the minimal standard of living. The findings show that although the profiles of subjective poverty vary with methods applied for assessing subjective poverty, they correlate positively with each other. Furthermore, family expenditure, parental education level, and family type have significant effects on subjective poverty. This implies that purchasing power, identification of daily necessities and willingness to invest, and family capital have a great impact on subjective poverty. Finally, if we do not consider the level of expenditure, need is the largest contribution to the minimal standard of living, followed by price, reference, purchasing power, and preference.