While much research has been done on the causes and correlates of subjective well-being over the last two decades, a relatively small number of studies have addressed disparities in subjective well-being between various racial and ethnic groups. Recently more research has addressed the differences between blacks and whites, and begun to unpack the causes for these differences. A smaller number of studies have started to look at differences between white and Latinx respondents. In the present work we add to this literature by examining differences in life satisfaction between white, Latin and Asian respondents, as well as the persistence of these differences after controlling for a variety of social, economic and lifestyle variables. After assessing how much of the racial and ethnic disparity between these groups can be explained by such factors, we present additional preliminary analysis that begins to explore the role of culture in understanding the relationship between race, ethnicity and subjective well-being.