This study empirically estimates the impact of economic freedom on the quality of life in Asia disaggregated by income level. Balanced panel data have been used in this study that covers the time period (2000-2021). The IPS panel unit root test is applied for the stationarity of the variables that show mixed order of integration so the panel ARDL technique is utilized. With respect to Lower Middle-Income Countries, we found that economic freedom, globalization, and official development assistance have a positive impact on quality of life, while development expenditure and remittances showed negative results on quality of life in the long run. With respect to Upper Middle-Income Countries, economic freedom, remittances, and official development assistance showed negative results while globalization and development expenditures showed positive impacts on quality of life in the long run. With respect to High-Income Countries, economic freedom, globalization, and development expenditures showed positive impacts while remittances showed negative impacts on quality of life in the long run. Economic freedom should be promoted in Lower Middle-Income Countries and High-Income countries. Upper Middle-Income Countries should keep an eye on institutional quality. The developed and rich countries should implement rule and law equally without any type of discrimination to get better results of economic freedom to provide a good quality of life.