Disclosed is a fireplace of combusting gasified liquid fuel, which includes a fireplace body provided with a fireplace chamber. The fireplace body is provided with a cavity which is capable of accommodating a combustion device and formed at the bottom of the fireplace chamber. A fire viewport is provided at the front of the fireplace body. The combustion device includes a liquid supplying device, gasification chamber and burner. A slot used for exposing the burner is provided at the top of the cavity. A flame jet hole is arranged in the burner. A liquid fuel feeding port and a gas outlet are arranged in the gasification chamber.