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Objectives: The purpose of this study is to identify the influencing factors of adolescents’ life satisfaction. Methods: The data of the 6th Korean Child-Youth Panel Survey(KCYPS) was analyzed using the SPSS 24.0 and 24.0 AMOS program. Based on literature review, a hypothetical model consisted of six theoretical variables, twelve paths and seventeen measurable variables. Results: The modified model showed a goodness of fit to the empirical data(GFI=0.958, AGFI=0.940, NFI=0.945, RFI=0.931, TLI=0.904, RMSEA=0.055). Ten paths among twelve paths proved to statistically significant. Depression showed statistically significant effects on adolescents’ life satisfaction directly. Personal characteristics, parenting behavior, peer attachment and self-esteem showed statistically significant effects on adolescents’ life satisfaction directly and indirectly. Personal factors and external environmental factors affect adolescents' life satisfaction. Conclusions: Based on the results of this study, it is necessary to develop programs to improve adolescents' life satisfaction.