It means, "That's the life."
This is the life!
La vida es tuya literally means life is yours. It is generally used to mean "It's your life to live."
"life is short."
What is life?
Life is precious.
La vida es buena :) Or Es una buena vida
"La vida es así" is "Life is like that" Pretty much meaning that life is unfair.
La Vida es Bella was created in 2000.
La Vida es Bella
La Vida... Es Un Ratico was created in 2006.
La Vida es un tango was created in 1939.
The Spanish phrase for "C'est la vie" is "Así es la vida."