The purpose of this paper is to analyze the relationship between humor, values and the quality of life. In positive psychology, humor has been identified as one of 24 character strengths considered ubiquitously important for human flourishing. Humor is correlated with physical and mental health, emotional intelligence, coping with stress, well-being, social competence, stable self-esteem, happiness, resilience, and morality. Results show that (1) three types of humor based on Martin's concept differentiate the level of the quality of life (2) adaptive humor styles strongly and positively correlate with the quality of life and its dimensions; maladaptive humor styles correlations are weaker, negative and not all significant (3) humor is weakly correlated with values (4) adaptive humor styles (especially, the self-estrangement humor) and religious values are predictors of the quality of life.