Abstract
<jats:p>The article analyzes the relationship between the concepts of well-being and quality of life. This analysis is based on identifying the main semantic directions of this relationship. The following directions are distin-guished: “material-immaterial”, in which well-being gravitates toward the material, and quality of life incorpo-rates both material and immaterial aspects; “quantity-quality”, in which well-being is a means of measuring quality of life; “objective-subjective”, in which well-being characterizes living conditions, and quality of life be-comes a person’s attitude toward these conditions. The fourth direction is an appeal to the concept of standard of living in correlating the concepts of well-being and quality of life, in which well-being is considered as an aspect of standard of living. The article also analyzes the issue of understanding the relationship between well-being and quality of life in the context of “individual-social”, in which both well-being and quality of life have meanings of both an individual and social nature. It is concluded that a specific understanding of the relation-ship under study depends on a specific social problem, and the proposed directions of this relationship can become a methodological basis for constructing the methodological part of the study of people’s living condi-tions.</jats:p>