These days, women are very much keen to be empowered socially, economically, educationally and politically that can help them take decision regarding mobility, economic independency, political participation public speaking and awareness to exercise rights. Therefore, the present study is planned to check the levels of subjective well-being among the housewives and working women of Khagaria district of North Bihar. For the present study total sample consisted of 120 women comprising housewives (n=60) and working women (n=60) from different organizations where women were engaged in performing their task and housewives selected from different houses where women are dependent on their husbands. Total subjects’ age were ranged between 28 to 60 years. Data gathered through questionnaires using Psychological/ Subjective Well-being scale. Having analyzed the data, results indicated that housewives have higher degree of subjective well-being in comparison to working women, hence the significant difference has been found in all the dimensions of subjective well - being but it is interesting to mention here that both the group of women needs to have social and emotional support from their respective social and family institutions as reported by them. Finally results have been discussed in detail in the light of present changing scenario of human life.