Sorry not sorry for the humble brag, but the Little Red Dot is considered the top city for millennials to move to for work and play, according to financial analysis site ValueChampion. It’s lit!
After assessing data from 20 of Asia-Pacific’s major cities, Singapore was found to be the most on fleek millennial-friendly city in the region, followed by the likes of Tokyo in second place and Hong Kong in third. According to the study, Singapore is considered goals AF due to its thriving economy that provides strong job opportunities for young people — an economy that has allowed for the lowest gender wage gap among all the analyzed cities, so that’s pretty woke.
Other reasons why millennials might stan Singapore: the city has a low unemployment rate of just 2.2 percent, low levels of pollution, high safety ratings, diversity, and a great environment for young folks to find jobs or launch startups. Then, of course, there’s the legit fire nightlife and entertainment options across the city for ratchet youths and otherwise.
Singapore however, is not all Gucci in the realm of affordability. The city scored pretty poorly in terms of cost of living, trailing only behind Hong Kong, where the price of a pint of beer can cost S$12.19.
Tokyo emerged as the second best city in Asia-Pacific for millennials thanks to a balance between a strong economy, reasonable cost of living and a nice environment to live in. Hong Kong — a city with a notoriously high cost of living — managed to come in third for its high life expectancy and strong work prospects. What’s not very cash money for millennials who move there is that 31 percent of their income will have to be spent on rent, and that’s a relatively high financial burden for young folks.
Cities such as Manila, Jakarta, Bangalore, Mumbai, and New Delhi ended up at the bottom five spots of the list, each scoring poorly in employment prospects, cost of living, as well as health, safety, and pollution. Not very dank for an increasingly bougie millennial market.
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