Which tense you use depends on how you see the state or action. If you use the The present Simple , you think something is permanent. This means we often use the Present Simple to talk about general and scientific facts, our routines or habits, to give definitions and to describe things.
The present Continuous means the action is happening now (or around now), is unfinished, or temporary. We use it to talk about trends and changes, or about situations happening now that are different from normal.
I live in Toluca (This is my home)
I`m leaving with my parents (A temporary situation until I buy my own house)