In this literature review we identify and quantify the parameters influencing the low-cycle fatigue life of materials commonly used in nuclear power plants. The parameters are divided into several groups and individually described. The main groups are material properties, mode of cycling and environment parameters. The groups are further divided by the material type - some parameters influence only certain kind of material, e.g. sulfur content may decreases fatigue life of carbon steel, but is not relevant for austenitic stainless steel; austenitic stainless steel is more sensitive to concentration of dissolved oxygen in the environment compared to the carbon steel. The combination of parameters i.e. conjoint action of several detrimental parameters is discussed. It is also noted that for certain parameters to decrease fatigue life, it is necessary for other parameter to reach certain threshold value. Two different approaches have been suggested in literature to describe this complex problem - the Fen factor and development of new design fatigue curves. The threshold values and examples of commonly used relationships for calculation of fatigue lives are included. This work is valuable because it provides the reader with long-term literature review with focus on real effect of environmental parameters on fatigue life of nuclear power plant materials.