Changes in subjective well-being during the last decade are analysed. The paper then explores the relationships between subjective well-being and objective domains: material, health, education, behaviour and housing and environment. The relationship between subjective well-being and structural indicators is explored further. The paper concludes that subjective well-being should be included in comparative studies of well-being but not necessarily as just another domain within a general deprivation count. Subjective well-being (or the lack thereof) is related to but not a part of (material) child deprivation.