how to bring live magento site to localhost?

Run LIVE Magento site to Localhost: Download the all magento files using any ftp client or cpanel. Export the magento database from live server. Put downloaded Magento files in your localhost root directory. Create a blank database(lets say it 'local-magento') in your localhost and import the database backup that you exported from the live site. Delete/Rename the file app/etc/local.xml Re-install the Magento using the local-database. After installation, go to Admin section and then (i)Flush all cache. (ii)Re-Index all data. (iii)Flush all cache. That's it. Enjoy.