In this article is revealed the relationship between social representation and subjective wellbeing. There is a circular connection between the two variables. There have been many researches, which demonstrate the essential role of social representations in the phenomena of group. The representation of the subject and the group involves the images present in the group. Faced with the objective conditions of reality, the subjects realized a task of perception and internal restructuring, purely cognitive activity that allows them to adjust these elements to understand them and give them meaning. The subjective condition of wellbeing is determined by social comparing according to the standards accepted by the group, but the social representation is the product of cognitive activity of the actor in the group. The social representations analysis allows us to identify the subjective reality of both: the individual and the group. In turn, the subjective state is due to the behavior of social actors.