U.S. News and World Report announced something on Wednesday that us Coloradans already know: Denver is the best place to live in the country.

Their new list ranks the country's 100 largest metropolitan areas based on affordability, job prospects and quality of life.

Denver was followed by Austin, Texas, at No. 2. Fayetteville, Ark., and Raleigh-Durham, N.C., took the No. 3 and No. 4 spots, respectively. A second Colorado city, Colorado Springs, rounded out the top five.

The 2016 Best Places to Live ranking was determined in part by a public survey of thousands of individuals across the U.S. to find out what makes a place desirable to live in. The methodology also factors in data from the United States Census Bureau, the Federal Bureau of Investigation and the Bureau of Labor Statistics, as well as U.S. News rankings of the Best High Schools and Best Hospitals.

The full top 10 list went as follows:

  1. Denver, Colo.
  2. Austin, Texas
  3. Fayetteville, Ark.
  4. Raleigh-Durham, N.C.
  5. Colorado Springs, Colo.
  6. Boise, Idaho
  7. Seattle, Wash.
  8. Washington, DC
  9. San Francisco, Calif.
  10. San Jose, Calif.

Read more about the report here: http://bit.ly/1UywM8m.