Victoria, British Columbia, has been ranked 49th out of 50 cities worldwide as a desirable location for Gen Z individuals, according to a recent report by Remitly.

Gen Z City Ranking Methodology

Remitly’s ranking assessed cities based on nine key categories important to young adults considering relocation. These included rent affordability, safety, average monthly net salary, and the proportion of residents aged 20-29 – representing the core Gen Z demographic.

Copenhagen Tops the List

Copenhagen, Denmark, secured the top spot with a score of 76.67 out of 100. The city’s strong economy, high average salaries, and low youth unemployment rate contributed to its success.

Ottawa Leads Canadian Cities

Within Canada, Ottawa achieved the highest ranking at 8th place, scoring 68.77. Remitly highlighted Ottawa’s strong performance in safety and salary, noting its advantages over other major Canadian cities.

Victoria’s Position and Canadian Results

Victoria’s score of 63.46 was only slightly higher than Gothenburg, Sweden, which ranked 50th with a score of 63.35. Other Canadian cities also featured prominently: Calgary (21st), Halifax (22nd), Montreal (28th), Edmonton (35th), Toronto (39th), and Vancouver (43rd).

Importance of Relocation for Gen Z

The report emphasizes that a person’s twenties are an ideal time to embrace change and explore new opportunities through relocation. Remitly’s research considered factors beyond economics, including LGBTQ+ equality, nightlife, and overall quality of life.

Remitly’s report serves as a resource for Gen Z individuals contemplating a move, offering a comparative analysis of cities worldwide. The study suggests that while Copenhagen and Ottawa are particularly attractive, cities like Victoria still offer unique advantages.