Miami has secured a notable position in the World’s Best Cities’ 2024 ranking, affirming its status as one of the most desirable cities on the global stage.
The assessment scrutinized over 270 cities worldwide, evaluating them based on three key factors: livability (including aspects like walkability, bike-ability, landmarks, parks, recreation, museums, and higher education options), lovability (encompassing culture, nightlife, restaurants, shopping, attractions, and internet searches), and prosperity (encompassing educational attainment, labor force participation, gross domestic product or GDP, poverty rates, etc.).
Overall, Miami secured the 54th spot, solidifying its position as the 12th-best city in the United States. In the previous year’s ranking, Miami held an impressive 6th place among the best cities in America.
So, what sets Miami apart from other cities worldwide? Firstly, it boasts the highest percentage of foreign-born residents in the U.S., contributing to its dynamic and growing population. Additionally, Miami holds the distinction of being the city with the seventh-highest number of Instagram hashtags.
In terms of startups, Miami claimed the 36th position, with local businesses generating a substantial $400 million in the second quarter of the year. The city is currently experiencing a surge in residential construction, exemplified by the upcoming completion of the Waldorf Astoria Hotel and Residences Miami, which is set to become the tallest residential tower south of New York City.
Moreover, Miami’s appeal is further enhanced by its extensive range of outdoor activities and diverse locales scattered throughout the area, adding to its overall livability.
