well-being

Quality of Life is a 2004 drama film, telling the fictional story of two graffiti writers in the Mission District of San Francisco.Directed by Benjamin Morgan, Quality of Life stars Lane Garrison, Brian Burnam, Luis Saguar and Mackenzie Firgens. Morgan co-wrote the screenplay with Burnam, who is a former graffiti writer. The film was shot and edited in the Mission District, home to one of the world's most active and influential graffiti scenes.
See more at Wikipedia.org...

The well-being or quality of life of a population is an important concern in economics and political science. It is measured by many social and economic factors. A large part is standard of living, the amount of money and access to goods and services that a person has; these numbers are fairly easily measured. Others like freedom, happiness, art, environmental health, and innovation are far harder to measure. This has created an inevitable imbalance as programs and policies are created to fit the easily available economic numbers while ignoring the other measures, that are very difficult to plan for or assess.
See more at Wikipedia.org...

(n.)
The state or condition of being well; welfare; happiness; prosperity; as, virtue is essential to the well-being of men or of society.
  

Noun
1. a contented state of being happy and healthy and prosperous; "the town was finally on the upbeat after our recent troubles"
(synonym) wellbeing, welfare, upbeat, eudaemonia, eudaimonia
(antonym) ill-being
(hypernym) prosperity, successfulness
(hyponym) fool's paradise