Here, in a nutshell, is Nick Gillespie:
It’s useful to think of any given area as making a deal with people who might live there: We’ll throw off this much employment opportunity, this many diversions, this much action, at a given price —a figure that includes not only money but all the sorts of petty tyrannies that zoning and planning boards routinely generate.
In other words, for Gillespie, "living well" amounts to some combination of employment opportunities ("mere life"), "diversions," and "action." (To a friend who lived in Lebanon, New Hampshire in the late 80s, Boston meant sushi, delis, bars, bookstores, and Bradley Lectures at BC, not necessarily in that order.)
Heres Masugis riposte:
Living well has required institutions long associated with urban culture. But there are ways to achieve human happiness that emphasize family, rootedness, local culture, and faith. I have friends in Washington, DC that would dearly love to return to Kansas for precisely those reasons. Unlike for Gillespie, the exotic big city doesnt offer the best of life, even as it offers many enticements.
As a single guy (arent almost all single guys practically libertarian?), I probably would have sided with Gillespie. As a married guy, Im with Masugi all the way.