It is widely assumed that experiences of awe transform the meaning of daily stresses. Across six studies we tested whether and how the experience of awe is associated with reduced daily stress levels in the moment and, in so doing, leads to elevated life satisfaction. We first documented that individuals who tend to experience greater awe on a daily basis (Study 1) or who report higher levels of trait-like awe (Study 2) report lower levels of daily stress, even after controlling for other positive emotions. In follow-up experiments, after primed with awe (compared with amusement, joy, and pride), individuals reported lower levels of daily stress (Studies 3 and 5) and exhibited lower levels of sympathetic autonomic arousal when talking about their daily stresses (Study 4). Finally, in a naturalistic study, participants who took in an awe-inspiring view at the top of a 200-foot tower reported reduced levels of daily stress and central everyday concerns (Study 6). Mediation analyses revealed that (a) the association between awe and reduced daily stress can be explained by an appraisal of vastness vis-à-vis the self and (b) that the relationship between awe and decreased daily stress levels helps explain awe's positive influence upon life satisfaction. Overall, these findings suggest that experiencing awe can put daily stressors into perspective in the moment and, in so doing, increase well-being. (PsycInfo Database Record (c) 2021 APA, all rights reserved).