A number of studies in the marketing literature have focused on the nature of customer perceived value and its impact on customer outcome variables such as customer satisfaction and behavioural intentions (e.g., Lee et al 2007, Whittaker et al 2007; McDougall and Levesque 2000). However, there is a lack of research that examines the impact of customers’ perceived value of a service on customers’ quality of life perceptions. This study tests the relationship between customer perceived value and quality of life perceptions in context of the fitness industry. Issues of obesity and the need for improved health and fitness are concerns facing countries around the world. Over thirty-five percent of Australians are overweight, the second highest in the world after the United States, and more than 20 percent are obese, on par with Canada as the second highest (Cresswell 2008). Obesity and the problems associated with it, such as, physical and mental health issues are likely to reduce a person’s quality of life perception. Fitness centres can be seen to offer a valuable service which specifically focuses on enhancing people’s health and fitness and in doing so is likely to lead to positive quality of life perceptions.