story vs life

story and life both are nouns.

Word	Noun	Adjective	Verb	Adverb
story	Yes	No	No	No
life	Yes	No	No	No

As nouns, life is a hyponym of story; that is, life is a word with a more specific, narrower meaning than story:

story (noun)	life (noun)
a structure consisting of a room or set of rooms at a single position along a vertical scale	living things collectively
a piece of fiction that narrates a chain of related events	animation and energy in action or expression
a short account of the news	the experience of being alive; the course of human events and activities
a trivial lie	an account of the series of events making up a person's life
a message that tells the particulars of an act or occurrence or course of events; presented in writing or drama or cinema or as a radio or television program	a motive for living
a record or narrative description of past events	a living person
	the organic phenomenon that distinguishes living organisms from nonliving ones
	the condition of living or the state of being alive
	a characteristic state or mode of living
	the course of existence of an individual; the actions and events that occur in living
	the period during which something is functional (as between birth and death)
	the period between birth and the present time
	the period from the present until death
	a prison term lasting as long as the prisoner lives