To compile the 2017 ranking, analysts at U.S. News & World Report gathered data from sources such as the Census Bureau, Federal Bureau of Investigation and Department of Labor.
The data was categorized into the five aforementioned indexes based on subgroups including unemployment rates, average salary, average household incomes, crime rates, education, commute times and more.
The best place to live in the U.S., according to the study, is Austin, Texas, with an overall score of 7.8/10.
Rounding out the top five are Denver, Colorado; San Jose, California; Washington, D.C.; and Fayetteville, Arkansas.
Despite its not-so-high desirability score, the metro is one of the nation's fastest-growing cities. The AJC previously reported that according to U.S. estimates, Atlanta's population rose to more than 5.7 million residents in 2015 and the number of people living in Atlanta's Fulton County crossed the 1 million milestone.
Atlanta is also home to the largest aquarium in the Western hemisphere, CNN Center, hangouts like Ponce City Market, Alliance Theatre, the Fabulous Fox and Piedmont Park, not to mention a great number of award-winning restaurants such as Staplehouse, which was named America's Best New Restaurant by Bon Appetit in 2016.
The Inc.com ranking included 5,000 companies ranked by their percentage growth of annual revenue over a three-year period.
Fulton County had the most Georgia businesses on the list with 126 companies.
Atlanta's low quality of life index score may come from its crime rates. Data pulled from the Federal Bureau of Investigation, used in the U.S. News & World ranking, found that Atlanta has a higher crime rate than similarly sized metros.