A fork of Rural Dictionary
A "whatever" responce to an insult. Indicting that the person went nowhere in life by making that comment. Espescially since it wasn't true. It is a phrase spoken more commenly by girls than guys.
Girl 1: I heard what you did with _insert name here_ at the party last night. Whore! Girl 2: Cool Life (walks away)
What you say when something disappointing or aggravating happens.
Jane: *trips and spills coffee all over her new dress* John: HAHAHAHA! Jane: *sigh* cool life...