Live in the Shires, ideally (6)
I believe the answer is:
reside
'live' is the definition.
(residing is a kind of living)
'in the shires ideally' is the wordplay.
'in' indicates a hidden word.
'RESIDE' is hidden within 'shires ideally'.
(Other definitions for reside that I've seen before include "Hang out with" , "Occupy a place" , "Dwell, be present (in)" , "Inhabit" , "Live (at an address)" .)