MINNEAPOLIS (WCCO) — Minneapolis is at the top of yet another list. This time the city is ranked No. 1 for the best city for “Broke Millennials.”
Millenials are defined as people in their 20s through mid-30s.
Dangerous Man Brewery in northeast Minneapolis finds many a young professional with a drink safely nestled in hand. Ian Gacek is one of them.
“I’m drinking the Belgium table beer right now,” he said.
He’s making this hour a happy one since most of his minutes are spoken for.
“I probably work 40 hours a week and I’m taking 16 credits right now,” he said.
After he graduates with a business/technology degree, the 23-year-old said he won’t be going far.
“The new start-up breweries, like the place I’m at right now, everything’s great,” he said.
And he said it’s affordable, which goes right along with Minneapolis’ new ranking — best city for broke millennials. The city tops out Houston, TX and Phoenix, AZ citing the cities culture.
The ranking cites that millennials start at an average salary of $43,000, which some say is quite reasonable.
Twenty-six-year-old Sam Holzinger is a bartender at Dangerous Man. He moved to Minneapolis from LA saying transportation like the light rail and buses and the bike trails helped pull him in.
“I think there’s just a desire for young professionals, millennials to gravitate towards settings like this, where they can start families with good schools and good transportation, as well have the fun stuff,” he said.
Millennials say another plus to living in Minneapolis is the area’s reasonably priced restaurant scene.