The quality of life is determined with objective factors and also with subjective perception of factors which influence human life. Leisure activities play a very important role in subjective well-being because they provide opportunities to meet life values and needs. Through participation in leisure activities people build social relationships, feel positive emotions, acquire additional skills and knowledge, and therefore improve their quality of life. In this report we will explore how leisure activities improve subjective well-being. We will try to distinguish among different types of leisure activities and find those which contribute more to the subjective well-being. Particularly, we will explore which leisure activities contribute to the subjective well-being of women and men of different age. Our study is based on data from a representative sample of Croatian citizens (N = 4,000), who estimated their subjective well-being and participation in various leisure activities. First, we will describe the subjective well-being of various groups of people who differ by gender and age. Afterward, we will identify important leisure activities which determine subjective well-being across age and gender groups. Overall, our results show that engagement in leisure activities contributes to subjective well being, while the pattern of important leisure activities somewhat varies across different age and gender groups.