QUALITY OF LIFE: How to Measure Quality of Life
1 Oct 2025
News
Ever wondered how much weight companies give to quality of life when they are evaluating locations for a corporate facility project? We did. So we turned to the experts to find out. While they admitted that measuring quality of life is not an exact science, they agreed on a few core principles:
- Quality of life is increasing in importance as a location factor, but it will never be the most important factor in corporate site selection.
- Not everyone agrees on how much weight should be given to certain sub-categories of quality of life, but the basic fundamentals that factor into the equation include the following:
- public safety
- quality, supply and affordability of housing
- quality of neighborhoods for employees
- access to good schools for all workers and their families
- access to parks, trails, open spaces and other outdoor amenities
- commute times
- arts and culture
- access to quality retail, entertainment and eateries
- health and wellness
- weather
- air quality
- transportation infrastructure
Click here to read the original article from Site Selection Magazine.
More Topics
The skilled trades are becoming increasingly multigenerational, challenging traditional learning and development opportunities for leaders across the industry. In the first quarter of 2024, Gen Z made up 18 percent of the U.S. workforce, but 18- to 25-year-olds made up nearly 25 percent of all 2024 new hires in skilled...
GreenPower Motor Company Inc. (“GreenPower”) and the New Mexico Economic Development Department have announced the launching of the New Mexico All-Electric, Purpose-Built, Zero-Emission School Bus Pilot Project at two Las Vegas public schools and a Santa Fe charter school.GreenPower (NASDAQ: GP) (TSXV: GPV), a leading manufacturer and distributor of all-electric,...
Organizations that support creative industries across New Mexico now have access to new grant funding of up to $62,500 designed to strengthen the state’s growing creative economy.The new Creative Support Organization Grant, offered through the New Mexico Economic Development Department’s Creative Industries Division (CID), targets organizations that serve as anchors...
