wohnen und leben
what is the difference between wohnen and leben?
Their is a famous advertising slogan almost every German knows: IKEA- Wohnst du noch oder lebst du schon? bel99 has given an good example for it
Think of it as the difference between "to live" and "to stay at". The second is considered incorrect English by purists, in terms of where one lives, but it fills a gap in the language that German corrects by having 2 separate verbs.
Leben - I live in the moment
Wohnen - I live in the red house