Life almost certainly exists elsewhere in the universe (particularly if you consider that which is beyond what we define as ”observable”). As others have commented, it’s too large for it not to exist.
However, it does seem extremely rare and could be so rare that it doesn't exist in the observable universe (it's almost certainly not in our Local Bubble).
It is interesting to also think about the likelihood of "intelligent" life. Because while basic, simple organisms are bound to appear somewhere else considering the universe's vastness, the idea that they could develop this intelligence and self-awareness is another big leap that doesn't seem like it necessarily needs to happen wherever life is happening.
However, it does seem extremely rare and could be so rare that it doesn't exist in the observable universe (it's almost certainly not in our Local Bubble).
It is interesting to also think about the likelihood of "intelligent" life. Because while basic, simple organisms are bound to appear somewhere else considering the universe's vastness, the idea that they could develop this intelligence and self-awareness is another big leap that doesn't seem like it necessarily needs to happen wherever life is happening.