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Household finances affect consumption and thereby impact on access to technology, travel and leisure. The level of disposable income directly influences quality of life, as it may be a necessary condition in order to access such services as health, education and the basic necessities of life. Those households that spend a disproportionate amount on accommodation or receive a disproportionate amount of income through government transfer payments experience inverse impacts on quality of life, since they are less able to acquire a wide range of goods and services.

The quality of the physical environment has effects on well-being, social participation and health. Populations with high spatial concentrations or densities (for example, the density of dwellings requiring major repairs) inversely influence quality of life, in terms of social behaviour and health, since they 1) inversely impact on the landscape, interfering with the ability to enjoy and appreciate the environment; and 2) result in concentrations of poor housing conditions, thus inversely impacting upon the environment and health. High levels of air pollution may severely impact health.

The degree of social opportunity affects participation in democratic processes, which invokes a sense of contribution and belonging. Social opportunity directly influences quality of life, as it creates an environment where opportunities are possible. This is important for social change (or upward mobility) and for individual well-being and self-esteem.

Stability is important for overall well-being and can be affected by adverse changes in the social environment. Lack of social stability inversely influences quality of life, because it suggests a possible breakdown of the social order. Impacts on health and well-being may vary, but can potentially have detrimental long-lasting repercussions for society and the individual. Lower mobility (or change in residence) among the population through time implies greater social cohesion.

Leisure and recreational activities affect overall well-being and can have a direct bearing on health. Opportunity for and access to leisure and recreational activities directly influences quality of life, since they are necessary for individual health and well-being.

Education is important for social mobility, participation and employment opportunity. High educational attainment level directly impacts quality of life, since it is closely linked to the ability to take advantage of employment opportunities and for social mobility.

Health resources make the production of health services possible. Access to health resources directly influences quality of life, as it directly impacts on quality of health care and the prolongation of life.

Access to services affects well-being, social participation, education, health and employment. Accessibility is important to quality of life, as it creates the potential to take advantage of opportunities for upward social mobility, and to access health services, goods and services within the community.

Voter participation in democratic processes invokes a sense of contribution and belonging. Participation in democratic processes directly impacts on quality of life, since it indicates strong involvement in the democratic process (or sense of social belonging), as opposed to a low participation rate, which may be a sign of alienation from the democratic process.

The average age of investment is the weighted age of all investments remaining in the gross stock at year end. The remaining useful life, which is the difference between the average age of the investment spending and their expected service life, is then divided by the expected service life, creating a ratio that indicates the percentage of the asset class that remains.