This news is important for millennials who dream to live in another city. A new study reveals the top 110 cities for millennials in 2018, based on factors such as startup ecosystem, housing affordability, immigration tolerance and quality of nightlife.
With years of experience helping individuals of all ages find accommodation, furnished apartment search engine, Nestpick revealed the most popular cities. Nestpick conducted this study, for the second year in a row, in order to pinpoint which cities are successfully attracting this generation, and therefore a core future workforce.
While housing affordability is a major concern for most, it is even more so for young professionals at the start of their careers. With these interests in mind, 110 cities were analysed taking into consideration four main areas of concern; the business ecosystem, the essentials (housing, food etc.), openness, and recreation.
“Millennials grew up in a shrinking world, where the internet opened doors their parents never could have dreamed of, and budget airlines made those avenues real possibilities. It’s now possible to live and work anywhere in the world, and these opportunities are shaping how our planet will look to future generations.” says Ömer Kücükdere, Managing Director of Nestpick. “We must learn to adapt to the needs of younger people in order to have a thriving economy, and we believe that this ranking offers valuable insights to those cities looking for regeneration from a younger demographic.”
The Top 20 Cities for Millennials
|#||City||Country||Business Ecosystem||The Essentials||Openness||Recreation||Total Score|
|8||New York City||USA||8.8||2.9||6.7||7.5||6.25|
N.B. These are a sample of the full results, which can be seen here: https://www.nestpick.com/millennial-city-ranking-2018/
These final results reveal the best overall cities for millennials, based on all four factors, but by looking at the top ten cities for each individual category, the results indicate which location would be best for a young person based on their strongest concerns.
Istanbul, Turkey placed at #85 in the overall ranking. To reveal how the city performed for each factor in comparison to the other cities in the index, each individual criteria is ranked from 1-110, with 1 indicating that it is the best overall:
|Rankings for Istanbul, Turkey, #85 Worldwide||Business Ecosystem|
|Employment Score||Startup Score||Tourism Score|
|Housing Score||Food Score||Transport Score||Health Score||Internet Speed Score||University Score||Access to Contraception Score|
|Nightlife Score||Beer Ranking||Festival Ranking||Gender Equality Score||Immigration Tolerance||Personal Freedom and Choice||LGBT Friendly Score|
N.B. The full methodology explaining how each factor was researched can be found at the bottom of the press release.
The tables below reveal the top 10 cities for millennials based on each larger category:
|Top 10 Cities for Business Ecosystem||Top 10 Cities for The Essentials|
|1||San Francisco||USA||1||Seoul||South Korea|
|2||New York City||USA||2||Taipei||Taiwan|
|8||London||United Kingdom||8||Mexico City||Mexico|
Top 10 Cities for Openness
Top 10 Cities for Recreation
|10||Stockholm||Sweden||10||Rio de Janeiro||Brazil|