First, the meaning is different.
1. Living means living, living, living, especially in a certain period.
2. Life means: life, human life, life, human existence and biology.
Second, the usage is different.
Usage of 1.live: The basic meaning of live is "live, live", live in some way, continue to exist, keep and enjoy life. Live can be used as both a transitive verb and an intransitive verb. When used as a transitive verb, it is usually followed by a cognate object, and sometimes followed by a word different from the verb, such as experience, which means "living the life of …, having the practice or experience of …"
2. Usage of life: The basic meaning of life refers to the activities and growth of people or other organisms, which is different from the "life" of dead objects, rocks or other inorganic substances, and can also refer to all living things, that is, "living things". Life can also refer to "life, human existence" or human experience in life, that is, "life".
Third, the parts of speech are different.
1. Movable part of speech: it is a verb and acts as a predicate.
Part of speech of 2.2. Life: It is a noun, as an object or subject.