This paper explores the concept of ‘luxury’ by analysing the collocation associated with luxury using web-crawled corpora. First, the frequently occurring nouns modified by luxury were identified and categorized into four groups: ACCOMMODATION, VEHICLE, PRODUCT, and OTHERS. Further examination of these nouns suggests that places or items that incorporate people by being stayed in or worn can convey luxury in comparison to ordinary consumables. Second, the frequently occurring nouns combined with luxury using a coordinating conjunction were identified and categorized into four groups: COMFORT, ELEGANCE, STYLE, and OPULENCE. Combined with the former discussion of integrating people with special places or items as a way of obtaining luxury, it is inferred that these are the qualities people expect to have in order to improve the environment as well as themselves. These analyses were possible because the target noun, luxury, was an abstract noun that indicates ‘a quality’ as well as ‘a mode of being,’ and also luxury has a collocative tendency to modify another noun. This enabled us to extract common nouns that were the generic names for items or services that convey luxury to people and abstract nouns that exhibited qualities combined with the target noun. This study contributes both to the investigation of the concept of luxury as well as demonstration of a corpus-based approach using noun collocations.