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Raleigh Tops 2025 Best Cities Index Amid Economic Growth

1/20/2025

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Summary

Story summary

Raleigh, North Carolina, ranks first in the Milken Institute's 2025 Best-Performing Cities Index for economic vitality and quality of life.
The city's thriving tech sector and 47% wage growth since 2018 contribute to its success.
The D.C. metro area improved to 62nd place, aided by recovery in leisure and hospitality.
Rising living costs and a growing gap in high-tech GDP growth between small and large cities pose challenges.

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Story summary

Raleigh, North Carolina, ranks first in the Milken Institute's 2025 Best-Performing Cities Index for economic vitality and quality of life.
The city's thriving tech sector and 47% wage growth since 2018 contribute to its success.
The D.C. metro area improved to 62nd place, aided by recovery in leisure and hospitality.
Rising living costs and a growing gap in high-tech GDP growth between small and large cities pose challenges.