The AsiaBarometer survey of 1,023 respondents shows Life in Korea is highly modernized and digitalized without being much globalized. Despite the modernization and digitalization of their lifestyles, ordinary citizens still prioritize materialistic values more than post-materialistic values, and they remain least satisfied in the material life sphere. A multivariate analysis of the Korean survey reveals that their positive assessments of their standard of living and marriage are the most powerful influences on the quality of life they experience. Remarkable improvements in the objective conditions of life for the past three decades have failed to transform Korea into a nation of well-being.