Top Millennial Hot Spots in 2018 – 85 Canadian Cities Ranked
Quality employment and affordable housing are two key factors that motivate millennials to settle down in a new city. But this upbeat generation obsessed with life-work balance is looking for more than just a well-paying job and a nice house. They want engaging leisure activities, opportunities to socialize with other like-minded millennials, eco-friendly resources, and a safe but exciting city where they can thrive.
To determine Canada’s up-and-coming millennial hot spots in 2018, Point2 Homes compared 85 of the most populous cities by looking at nine factors, and based on the individual ranking of each factor they measured the cities’ overall attractiveness. Aside from housing affordability, they weighed seven other criteria that we thought are important to millennials: unemployment rate, life satisfaction, low crime rate, healthcare, climate, level of education (the percentage of the population with a bachelor’s degree or above) and the percentage of millennials of the total population.
You may think millennial hot spots such as Vancouver or Toronto took the rest of the competition down. Surprisingly, that’s not the case. Fredericton was ranked in the Top 20, surpassing Montreal and Toronto. Click here for official research findings, visuals and extra details for each of the 85 cities.