It is argued in this paper that the diversity of plant life histories in the Arctic is much greater than indicated by general descriptions in the literature. Three basic types of life cycle are suggested as a fundamental trait-based framework for exploring the diversity of plant life histories in the Arctic: (i) annual, (ii) non-clonal perennial and (iii) clonal perennial. An overview of current understanding of traits of arctic plant life histories is provided within this framework. Based on the overview it is concluded that (i) there is a substantial diversity of plant life histories in the Arctic, and (ii) there is no single life-history trait that is specific for arctic plants. Furthermore, it is proposed that because arctic environments differ in many respects from other environments, unique combinations of life-history traits are selected among arctic plants. Consequently, arctic plants should express a unique spectrum of life histories. It is also recognized that there are large gaps in the knowledge on arctic plant life-history traits and that fine-tuned trait–habitat relationships may be offset by historical, biogeographical or ecological factors, which may hamper analyses of life history–habitat relationships. On the other hand, it may be rewarding in terms of an improved understanding of functional and evolutionary responses of arctic plants to climate and other environmental changes to identify potential life history syndromes (strategies) among them.