My device always shows the WiFi number. It's nice to know since I live in an apartment building with shared wifi. The shared wifi is 4/5 and mine is 6 so I can see at a glance if I'm connected right.
I can't imagine another reason it'd be useful though.
It may be beneficial on some devices that requires low latency (like streaming to a VR device or remote gaming). I can see the difference in latency from wifi5 to wifi6 when remote gaming.