The study conducted a survey and analysis of the current situation of the relationship between subjective well-being and living values according to the self-assessment of primary school students, Nguyen Binh Khiem - Cau Giay, Hanoi. The subjective well-being is self-assessed by students in 03 aspects: (1) Happiness at school; (2) Satisfaction related to self, family, school; (3) General satisfaction with school life and learning. Expression of living values is specifically assessed in 06 life values: Love, Respect, Safety, Honesty, Responsibility, Creativity. Research results show that there is a positive correlation between “feeling happy at school” with the expression of all 06 life values; 02 aspects are: “general satisfaction with life and studying at school” and “satisfaction in aspects: self, family, school” which are positively correlated with the expression of Love, Respect, Safety; there is no correlation of these two aspects with the expression of Honesty, Responsibility, and Creativity