‘Impressive’: Oxford Economics Global Cities Index report ranks Canberra as second best city in the world for quality of life

Canberra has been named the world’s second best city for quality of life in a new report, an “impressive feat” boosted by the capital’s abundance of well-paid government jobs.

The ranking was revealed in the latest Oxford Economics Global Cities Index published this week.

“This impressive feat is driven by the city’s high incomes and low degree of income inequality, due to the availability of stable, well-paying government jobs,” the report says.

“The city also has excellent healthcare facilities and is among the highest in the world for life expectancy.”

Described as a “true government city”, the report says Canberrans are now among the highest and best paid across the Global Cities Index.

Its main detractors are its vulnerability to natural disasters such as wildfires and slow Internet speeds, although it “punches above its weight” in higher education.

Grenoble, France, just overtook the “jungle capital” to take first place in the category with its “multitude of cultural and recreational sites per person and income equality.”

Following closely behind Canberra were many other European countries, making it the only Australian city to rank highly in the category.

Globally, the only Australian city to make the top 10 was Melbourne, which took ninth place.

New York, London, San Jose, Tokyo and Paris dominated the top five.

Cities receive a score in five categories that are then weighted: economy, human capital, quality of life, environment and governance.

“This allows us to classify cities in a more holistic way, but also identify the relative strengths and weaknesses of each city across the five categories,” the report explains.

Other Australian cities that made the global list were Sydney, Perth and Adelaide, which ranked 16th, 23rd and 51st respectively.

Migration, a factor that

The port city ranked highly in the human and economic capital category, but fell short on the housing front.

“Property prices and rents have risen sharply in the city due to rapid population growth, and housing supply has been unable to keep up,” the report says.

Perth scored well on environmental and economic factors, but the index noted the city was “vulnerable to fluctuations in commodity prices and demand” due to its reliance on the mining sector.

Countries such as India, Nigeria, Haiti, the Democratic Republic of the Congo and Chad had cities that were in the bottom ten.