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Tuesday, March 19, 2024
CEOWORLD magazine - Latest - Stats Gate - Revealed: The World’s Best Cities For Millennials In 2020

Stats Gate

Revealed: The World’s Best Cities For Millennials In 2020

The Dutch capital of Amsterdam tops the list of most desirable cities for millennials, according to the Millennial City Ranking Report by CEOWORLD magazine. The second most popular city on the roster is the city of Toronto in Canada; while Berlin ranked third, and Montrealfourth.

Overall, among the top 10 best cities for millennials in 2020, the fifth, sixth, seventh, eighth, ninth, and tenth positions are held by London, Manchester, Hamburg, Bristol, Vancouver, and Barcelona.

Methodology: CEOWORLD magazine analyzed housing conditions, employment opportunities, culture and lifestyle, population trends, and income levels in the major urban areas in the world to identify the most popular cities for millennials. With a combination of affordable housing, thriving job markets, good public transportation, and an active community, these are the top 110 cities where millennials are putting down roots by purchasing a home. Researchers ranked each city on a 0-10 scale in four metrics: job opportunity, home affordability, housing market forecast, and livability. They then calculated the overall score based on the average of all four categories.

Millennials are not afraid to relocate for new experiences and opportunities. With that in mind, we developed the Millennial City Ranking Report to help identify cities that strike the perfect balance between fun and affordability for young home buyers with limited means and high expectations. Millennials tend to choose cities that already have a high share of millennial residents, as well as favorable economic conditions. Millennials are defined as those born between 1981 and 1996.

Millennial City Ranking Report analyzed 110 cities taking four main concerns into consideration: is there work available? Can people afford to live a good life? Is the city open and tolerant? And finally, is it fun?

York City took the No. 11 spot, followed by Cologne (No.12), San Francisco (No.13), and Austin (No.14). Meanwhile, Paris ranked No. 15 in the CEOWORLD magazine’s ranking of the world’s best cities for millennials in 2020.

Best cities in the world for millennial, 2020

RankCityCountryEmployment ScoreHousing MarketCulture And LifestyleAverage Score
1AmsterdamNetherlands4.96.97.56.43
2TorontoCanada5.88.677.13
3BerlinGermany109.57.18.86
4MontrealCanada57.95.56.13
5LondonUnited Kingdom5.28.676.93
6ManchesterUnited Kingdom5.18.676.91
7HamburgGermany4.46.65.95.63
8BristolUnited Kingdom7.97.84.56.73
9VancouverCanada16.97.55.13
10BarcelonaSpain5.29.57.17.26
11New York CityUSA16.97.55.13
12CologneGermany19.57.15.86
13San FranciscoUSA6.97.84.56.41
14AustinUSA17.84.54.43
15ParisFrance9.89.47.58.91
16MiamiUSA17.84.54.43
17MunichGermany5.46.97.56.61
18LisbonPortugal2.77.25.35.06
19GlasgowUnited Kingdom4.59.57.17.03
20MadridSpain3.96.65.95.46
21MelbourneAustralia6.97.35.26.46
22OttawaCanada2.38.675.96
23BirminghamUnited Kingdom4.39.57.16.96
24SydneyAustralia6.47.35.26.31
25PragueCzech Republic27.13.14.06
26ViennaAustria3.77.24.15
27Qu?bec CityCanada1.48.675.66
28AucklandNew Zealand4.27.58.16.6
29Los AngelesUSA6.77.84.56.33
30S?o PauloBrazil5.18.42.95.46
31FrankfurtGermany16.97.55.13
32Buenos AiresArgentina6.67.55.26.43
33Mexico CityMexico573.35.1
34PortlandUSA17.84.54.43
35ChicagoUSA7.27.84.56.5
36NantesFrance19.47.55.96
37BudapestHungary17.52.23.56
38CopenhagenDenmark5.37.17.46.6
39Santiago de ChileChile4.86.93.95.2
40Bogot?Colombia4.27.15.25.5
41ValenciaSpain16.65.94.5
42BangkokThailand3.79.13.45.4
43DublinIreland5.56.28.26.63
44LyonFrance4.19.47.57
45PhiladelphiaUSA6.17.84.56.13
46HelsinkiFinland4.88.49.77.63
47AntwerpBelgium18.95.65.16
48PortoPortugal17.25.34.5
49BeijingChina7.7102.46.7
50StockholmSweden5.46.69.37.1
51DenverUSA17.84.54.43
52ToulouseFrance1.59.47.56.13
53Kuala LumpurMalaysia3.52.21.91
54Medell?nColombia17.15.24.43
55Rio de JaneiroBrazil2.78.42.94.66
56GrazAustria17.24.14.11
57Hong KongHong Kong SAR7.39.92.46.53
58EdinburghUnited Kingdom5.99.57.17.51
59GuadalajaraMexico173.33.76
60LilleFrance19.47.55.96
61RotterdamNetherlands17.95.54.81
62TaipeiTaiwan6.65.12.44.71
63CoventryUnited Kingdom4.29.57.16.93
64MoscowRussia5.94.83.54.73
65SeoulSouth Korea9.67.11.25.96
66AdelaideAustralia3.97.35.25.46
67BrusselsBelgium3.48.95.65.96
68ZurichSwitzerland6.486.36.91
69BostonUSA8.17.84.56.81
70OsloNorway3.37.9107.06
71MonterreyMexico2.673.34.31
72SeattleUSA17.84.54.43
73BrisbaneAustralia57.35.25.83
74Washington, D.C.USA4.77.84.55.66
75The HagueNetherlands17.95.54.81
76ShanghaiChina6.6102.46.33
77UtrechtNetherlands6.97.95.56.76
78SevilleSpain16.65.94.51
79Tel AvivIsrael14.24.73.31
80MontpellierFrance1.69.47.56.16
81TokyoJapan8.42.91.64.31
82WarsawPoland1.43.253.21
83BordeauxFrance19.47.55.96
84SingaporeSingapore6.55.63.85.31
85IstanbulTurkey3.11.61.56
86MarseilleFrance19.47.55.96
87WellingtonNew Zealand17.58.15.53
88ChristchurchNew Zealand2.97.38.16.11
89GranadaSpain16.65.94.51
90GothenburgSweden3.56.69.36.46
91LimaPeru1.42.64.62.86
92CorkIreland16.28.25.13
93GroningenNetherlands3.57.95.55.63
94CanberraAustralia5.77.35.26.06
95BrnoCzech Republic17.13.13.73
96RomeItaly3.13.43.33.26
97OsakaJapan6.82.91.63.76
98BucharestRomania14.543.16
99PerthAustralia3.77.35.25.41
100AthensGreece1.81.33.32.13
101MilanItaly4.23.43.33.63
102VeniceItaly13.43.32.56
103BergenNorway17.9106.31
104Cape TownSouth Africa17.56.44.96
105InnsbruckAustria17.24.14.11
106BernSwitzerland186.35.11
107JerusalemIsrael14.24.73.31
108BruggeBelgium18.95.65.16
109GenevaSwitzerland186.35.11
110BolognaItaly13.43.32.56

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CEOWORLD magazine - Latest - Stats Gate - Revealed: The World’s Best Cities For Millennials In 2020
Emma London

Emma London

Associate Editor
Emma London is the Associate Editor at CEOWORLD magazine. She covers lists, rankings, economy, geopolitics, global banking, fintech, digitization of money, and the future of finance for CEOWORLD magazine. She’s also a member of the Board of Directors at the Global Business Policy Institute. Prior to that, Emma was the ultra-high net worth (UHNW) valuations subject matter expert at CEOWORLD magazine, mentoring research teams in valuations’ techniques, and was involved in product development for ultra high net worth (UHNW) and high net worth (HNW) dossier creation, currently heading research operations at the Global Business Policy Institute. She can be reached on email emma-london@ceoworld.biz. You can follow her on Twitter at @ceoworld.