Edinburgh named ‘the best city in the world to live in as a millennial’

The Scottish capital beat off competition from Auckland, Sydney and Tokyo to be named the city providing the best quality of life for your money.

Vienna came in a close second in the study conducted by Movehub, with Berlin taking the third spot on the list.

Edinburgh beat off competition from Vienna and Berlin to take the prize

Affordability and lifestyle within some of the world’s biggest cities were examined against average monthly costs such as renting a one bedroomed flat, paying for public transport and the availability of cheap places to eat and drink. It also took into consideration each cities safety score.
The data was gathered through a range of sources such as Deutsche Bank, the UN and TripAdvisor.

According to the report, Edinburgh had one of the best scores for rent relative to income as the cost of rent only accounts for 30% of average monthly earnings.

The breakdown for Edinburgh is as follows:

Cost of public transport: £58
Income: £1739.89
Rent: £565.43
Density of cheap eats: 84.32
Cost of cappuccino: £2.54
Safety Index: 10

However, this study comes just months after Bank of Scotland reported that rising house prices in Edinburgh were forcing citizens out of the city. According to the report, it is now cheaper to live outside of Edinburgh and commute in instead of working and buying a home in the capital.

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