Hmm... South Figaro would be a great place to live. Benevolent king, heroic types passing through all the time, and all sorts of shops. Also, the nice thing about many of the towns in FFVI's world is their often nearby chocobo pens- nothing like cheap, fast, relatively safe travel. I could get around the contienent without risking life or limb, and without needing an airship.

Wu-tai from FFVII would be a neat place to visit, as would cosmo canyon, but I don't know that I would like to live in either of them.