The paper aimed to investigate the relationship between subjective quality of life (QoL) measured by life satisfaction and two domains: material and non-material. Additionally, the aim is also to compare the effect of these two dimensions on subjective QoL among females and males. The study was conducted based on a representative sample of adult inhabitants of Poland (N=1067) in December 2021. The question regarding the quality of life consists of eight items that were focused on the following aspects of quality of life: work, level of living, income, family life, work-life balance, health, access to infrastructure (sports, cultural), and access to healthcare. These items encompass two dimensions of quality of life: material (level of living, income) and non-material (the other items). Confirmatory factor analysis and structural equation modeling analysis were used in the study. The data do not follow the normal distribution. Therefore, the estimation method was WLSMV (robust weighted least squares). Based on confirmatory factor analysis, it can be stated that two constructs (dimensions: material and non-material) are correlated at an acceptable level. Eight manifested variables are valid and the two constructs are reliable. Structural equation models in the pooled sample and based on gender are at an acceptable level according to the majority of fit indices. Two dimensions – material and non-material – affect positively subjective QoL and are statistically significant. The strength of the influence of two dimensions on subjective QoL is very similar but there are significant differences among women (higher effect of material dimension) and men (higher effect of non-material dimension).