New York City Ranks in Top 10 Places to Live for Millennials

by | Mar 6, 2018 | City News, Featured

All New Yorkers know that you can’t knock the Big Apple – now it’s backed by data. Nestpick, a Berlin-based search engine for furnished apartments, has conducted and released its second annual study of the top places in the world to live for millennials, in which New York City placed at #8.

Nestpicker Millennial Study

Study by Nestpick

This study included several criteria under four basic umbrellas: the business ecosystem, “the essentials”, openness and recreational opportunity. Nestpick examined 110 cities around the world under the lens of these specific subjects, broken down into smaller individual categories. For example, a city’s “business ecosystem” score is combined from its scores in employment, startup environment and tourism, and ”the essentials” are broken down into housing, food, transport and several other categories. Categories were rated on a scale between 1-10, then weighed against one another for the final listing.

New York City Skyline

This 2018 study built upon a similar study from Nestpick conducted in 2017, and added 10 more locations. Ömer Kücükdere, the Managing Director of Nestpick, stresses the importance of adapting to the Millennial generation for worldwide economic success. “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,” he notes.

New York City not only placed in the top 10 cities worldwide for Millennials – it placed highest on the list of cities in the US for them. But what does that mean for our neck of the woods? If nothing else, it puts the NYC at the center of the action for the next wave of innovations in business, technology and how we live our daily lives.

For the full study, visit Nestpick.com

Downtown Magazine