Indian women in modern world have more opportunities to pursue their higher education and more and more women have started taking up the jobs outside their homes. But, Indian women still bear more responsibility for child-care and household management than their male counterparts. Many hours spent on household activities may lead to the negative effect on well-being among women. Some studies found that time spent on housework as well as paid work contribute to gender differences in well-being, leading to generally lower sense of well-being among women than among men. Thus keeping the above facts in mind the present study was conducted on dual-earner couples of Jaipur city to find out the gender differences in subjective well-being among dualearner couples. Total 200 couples (200 wives and 200 husbands) were selected for the study. Data were analyzed using SPSS 16.0 statistical tools. Independent t-test result shows that husbands exhibited signs of higher subjective well-being compared to wives. Husbands score high on positive dimensions of subjective well-being while, wives score high on negative dimensions of subjective well-being. The mean score of overall subjective well-being was higher among husbands (88.96) than the mean score of wives (79.86). It was significant at 0.01 level. This indicates that husbands experience more life satisfaction and frequent joy as compared to their wives. Compared to men, women are expected to work more as homemakers and caregivers. Thus, while facing incompatibility between work and family roles, women may feel more role strain than men. These situations could be harmful to one’s mental and physical well-being.