Cost of Living in Monument, CO
Overall index: 145 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 168 | +68% | $1,363 |
| Transportation | 103 | +3% | $3.50 |
| Food | 154 | +54% | $631 |
| Utilities | 134 | +34% | $302 |
| Healthcare | 134 | +34% | $218 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Monument?
A single adult living comfortably in Monument, CO needs approximately $50,750 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Monument, CO?
The overall cost of living in Monument, CO is 45% higher than the US national average (index: 145 where 100 = national average).
How much is rent in Monument, CO?
Average rent for a 1-bedroom apartment in Monument, CO is about $1,363/month.
Is Monument, CO expensive to live in?
Yes, Monument, CO is considered expensive (index above national average).
What salary do I need to live in Monument, CO?
A single adult needs roughly $50,750/year to cover basic living costs in Monument, CO.