Last updated on August 20, 2020 6:56 am
Millennials are all about big city living and the cost of living that comes with it.
Educated millennials especially tend to move to more expensive urban centers. Unlike baby boomers and their parents, who migrated to the suburbs en masse, millennials find happiness in cities, according to a Regional Studies report. Larger, more urban environments offer millennials the perks of diversity, economic opportunities, entertainment, safety, and a feeling of status.
When baby boomers were in their 20s and 30s, on the other hand, they aspired more to live in suburban homes in smaller, pastoral regions. Today, millennials are the first generation to be more happy with urban life than rural life. Unlike baby boomers, they are least happy in places with fewer than 8,000 people. And millennials are the only generation that’s happier living in places with 250,000 or more people.