Your example is not representative because you're using literals.

Your actual example would be:

    "My name is {name}, I'm {feet} tall and live in {location}.".format(name=name, location=location, feet=feet)

And with f-strings:

    f"My name is {name}, I'm {feet} tall and live in {location}."

f-strings is clearly more readable, concise and actually faster to run.