This study was conducted to examine how the demographic-sociological characteristic, self-esteem, health state of elders in Daegu affects their satisfaction with life. The findings of this study were applied to seek a way to improve their satisfaction with life. First, age, religion, education, income, source of living expenses, subjective awareness of health, self-esteem, and health condition had a significant influence on the satisfaction with life at 0.05 or higher level of significance. Second, the satisfaction with life improved with higher subjective awareness of health, higher self-esteem, and better health condition.