(Termina)
I'd like to live on Great Bay Coast. It just seems so nice and peaceful there, unlike Clock Town (then again, maybe it's so busy in Majora's Mask because of the festival). The only thing that I'd have to worry about are the Gerudo Pirates, but I don't think that I'd own anything too valuable. I rather enjoy eating fish as well, and if I wanted to see a concert or just talk to some Zora, I could probably take a boat to Zora Cape. It would be a pretty nice place to live.
I wouldn't pick the inside of the moon for one reason: you cannot leave without the Song of Time and a magic ocarina, there is no water, and there is no food (unless you manage to kill one of the birds, but that would ruin the serenity). It's a beautiful place, but I don't think that anyone could really live there for more than a few days. Maybe I'm thinking about this too much, though.