A recent BBC article makes puts Ecuador at the top of overall happiness rankings based on a number of factors.

Direct from the source:

Guayaquil, Ecuador

Ranking highest in overall satisfaction across a number of factors, Ecuador earned particularly strong marks for its low cost of living and the ease with which newcomers make friends. While plenty of expats settle in the cosmopolitan capital of Quito and in old world Cuenca, many are moving to Guayaquil, the nation’s financial centre. Residents said an improving downtown area and rising career opportunities are among the draws.”

Read the full article here:
http://www.bbc.com/travel/story/20150214-living-in-the-worlds-best-cities-for-expats

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