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The Pew Research Center’s definition of millennials is people born from 1981 to 1996. In 2012, the youngest millennials were still in their teens. In order to exclude those who were likely still in school, the analysis was done only on people who were at least 20 in 2012, i.e. born between 1981 and 1992.

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The data used in this analysis is from the U.S. Census Bureau 2017 American Community Survey PUMS. For the purpose of this analysis, millennials are defined as respondents between the ages of 21 and 36 in 2017.

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Health statistics are from the Centers for Disease Control and Prevention’s 500 Cities Project. Median household incomes and population statistics are provided by the U.S. Census Bureau’s 2017 American Community Survey 1-Year Estimates.

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Photo Credit: Linda Parton / Alamy Stock Photo

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The annual cost of child care used in this analysis is from the Child Care Aware 2018 Report: The U.S. and the High Cost of Child Care. For each state, this analysis considered the annual cost of infant care at a child care center. Child Care Aware does not report this data for Montana or South Dakota.

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All data was acquired from the U.S. Census Bureau American Community Survey 1-Year Estimates, using the years 2007 and 2017. Only cities with a population greater than 100,000 were considered. All 2007 dollars were converted into 2017 dollars in order to adjust for inflation. For each city, the largest industry was calculated based on  full-time employment numbers for 2017. The fastest-growing industry for each city was calculated using the total percent growth between 2007 and 2017. Industries with zero employment for either year were excluded.

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The data used in this analysis is from the U.S. Bureau of Labor Statistics 2016 Consumer Expenditure Survey. The survey and this analysis look at current spending patterns across generations, not how age-adjusted generational spending habits differ.

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