Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Monument, CO

For one person, living is cheaper in Austin, TX: $2,698 a month against $3,286 in Monument, CO, rent and utilities included – about $7,100 less a year. Higher rent and utilities in Monument, CO outweigh lower spending on other living expenses.

129

Cost of Living Index in Austin, TX
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Austin, TX Living Index
161

Cost of Living Index in Monument, CO
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Monument, CO Living Index

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Austin, TX

🇺🇸 United States

$2,698

/mo nomad

Monument, CO

🇺🇸 United States

$3,286

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX and in Monument, CO

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, TX and in Monument, CO actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,698 in Austin, TX versus $3,286 in Monument, CO.

Austin, TX $2,698
Monument, CO $3,286

Estimated couple costs with rent: $4,160 in Austin, TX versus $4,580 in Monument, CO.

Austin, TX $4,160
Monument, CO $4,580

Monthly costs for a family of three with rent: $5,622 in Austin, TX versus $5,874 in Monument, CO.

Austin, TX $5,622
Monument, CO $5,874

Living in Austin, TX costs roughly 18% less than in Monument, CO, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Austin, TX 99% above, Monument, CO 143% above.

Meal at Budget Restaurant

$20.63 $20.63

$24.98 $24.98

-17.41%

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

$71.4 $71.4

18.48%

Fast Food Meal (McDonalds, etc)

$12.07 $12.07

$10.39 $10.39

16.17%

Cappuccino

$5.48 $5.48

$5.44 $5.44

0.74%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.80 $3.80

$2.75 $2.75

38.18%

Water (0.33 liter bottle)

$2.47 $2.47

$2.20 $2.20

12.27%

Local Beer (0.5 liter draught)

$8.05 $8.05

$5.92 $5.92

35.98%

Imported Beer (0.33 liter bottle)

$8.88 $8.88

$7.00 $7.00

26.86%

Milk (1 liter)

$1.11 $1.11

$0.90 $0.90

23.33%

White Bread (500g)

$3.72 $3.72

$3.33 $3.33

11.71%

Rice (white) (1kg)

$3.37 $3.37

$2.83 $2.83

19.08%

Eggs

$4.32 $4.32

$6.12 $6.12

-29.41%

Local Cheese (1kg)

$13.13 $13.13

$14.08 $14.08

-6.75%

Chicken Fillets (1kg)

$14.15 $14.15

$13.76 $13.76

2.83%

Beef Round Steak (1kg)

$16.33 $16.33

$19.64 $19.64

-16.85%

Apples (1kg)

$4.55 $4.55

$5.46 $5.46

-16.67%

Banana (1kg)

$1.46 $1.46

$1.37 $1.37

6.57%

Oranges (1kg)

$4.71 $4.71

$3.11 $3.11

51.45%

Tomato (1kg)

$4.15 $4.15

$4.62 $4.62

-10.17%

Potato (1kg)

$2.58 $2.58

$2.39 $2.39

7.95%

Onion (1kg)

$2.35 $2.35

$2.58 $2.58

-8.91%

Lettuce (1 head)

$1.77 $1.77

$1.71 $1.71

3.51%

Water (1.5 liter bottle)

$2.14 $2.14

$1.99 $1.99

7.54%

Cigarettes 20 Pack (Marlboro, Camel)

$10.10 $10.10

Wine (Bottle)

$15.19 $15.19

$15.94 $15.94

-4.71%

Local Beer (0.5 liter bottle)

$2.82 $2.82

$2.36 $2.36

19.49%

Imported Beer (0.33 liter bottle)

$3.44 $3.44

$2.49 $2.49

38.15%

One-way Ticket (Public Transport)

$1.54 $1.54

Public Transport Monthly Pass (Regular Price)

$40.99 $40.99

Taxi Start (Normal Tariff)

$2.80 $2.80

$3.79 $3.79

-26.12%

Taxi (Normal Tariff) (1km)

$1.60 $1.60

$1.16 $1.16

37.93%

Taxi 1hour Waiting (Normal Tariff)

$34.34 $34.34

$25.42 $25.42

35.09%

Gasoline (1 liter)

$0.94 $0.94

$0.99 $0.99

-5.05%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.0K $34.0K

$28.0K $28.0K

21.39%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.8K $26.8K

$26.2K $26.2K

2.19%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$223 $223

$198 $198

12.22%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$58.9 $58.9

$81.9 $81.9

-28.11%

Internet (50+ Mbps, Unlimited Data)

$70.6 $70.6

$75.1 $75.1

-6.02%

Gym Membership (Monthly)

$57.7 $57.7

$25.31 $25.31

127.97%

Tennis Court (1 Hour on Weekend)

$16.53 $16.53

Cinema Ticket

$14.26 $14.26

$15.26 $15.26

-6.55%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,511 $1,511

$1,484 $1,484

1.80%

International Primary School, 1 Child (Yearly)

$20.9K $20.9K

$6,400 $6,400

226.39%

Jeans (Levis 501 Or Similar)

$51.3 $51.3

$57.6 $57.6

-11.04%

Summer Dress (H&M, Zara, etc)

$44.17 $44.17

$34.38 $34.38

28.48%

Sport Shoes (Adidas, Nike)

$87.0 $87.0

$82.3 $82.3

5.65%

Men's Leather Business Shoes

$104 $104

$99.9 $99.9

4.44%

1-bedroom Apartment, City Center (Monthly)

$1,940 $1,940

$1,982 $1,982

-2.11%

1-bedroom Apartment, Outside City Center (Monthly)

$1,316 $1,316

$1,972 $1,972

-33.24%

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

$3,055 $3,055

19.97%

3-bedroom Apartment, Outside City Center (Monthly)

$2,565 $2,565

$2,986 $2,986

-14.08%

Buy Apartment in City Center (m2)

$7,354 $7,354

Buy Apartment Outside City Center (m2)

$3,129 $3,129

Average Monthly Net Salary (After Tax)

$5,286 $5,286

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

6.61

2.72%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, TX: October 19, 2026

Last update for Monument, CO: October 20, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.3K 48.8%

Monument, CO

$2K 60% 49.8% $655

Groceries & Markets

Austin, TX

$406 15.1%

Monument, CO

$411 12.5% 1.2% $4.8

Monthly Utilities & Internet

Austin, TX

$352 13.1%

Monument, CO

$355 10.8% 0.9% $3.3

Eating Out

Austin, TX

$350 13%

Monument, CO

$360 10.9% 2.7% $9.6

Clothing & Footwear

Austin, TX

$129 4.8%

Monument, CO

$123 3.8% 4.4% $5.6

Sport & Entertainment

Austin, TX

$86 3.2%

Monument, CO

$56 1.7% 35.2% $30

Getting Around

Austin, TX

$58 2.2%

Monument, CO

$9.6 * 0.3% 83.4% $48

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,940 in Austin, TX and $1,982 in Monument, CO. Housing cost is often the main lever when comparing two cities.

Dining out: $85.0 in Austin, TX vs $71.0 in Monument, CO. Groceries flip the comparison at $406 vs $411, with Austin, TX cheaper for home cooking.

Good to know

🇺🇸 Austin, TX

🇺🇸 Monument, CO

🕒 Local time

19:26 7:26 PM

18:26 6:26 PM

1 h behind Austin, TX

🌤 Weather

👥 Population

974,447

10,000

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Austin, TX Monument, CO 1,180 km ≈ 2 h nonstop flight

From you

Austin, TX
Monument, CO

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Austin, TX vs Monument, CO: Cost of Living - Frequently Asked Questions

Austin, TX wins on cost – living expenses run 22% lower than in Monument, CO. Housing and daily spending are where you'll feel the difference most, making Austin, TX the obvious pick if budget is a priority.

You'd need roughly $4,046 in Austin, TX and $4,930 in Monument, CO to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,940 in Austin, TX versus $1,982 in Monument, CO. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,511 in Austin, TX versus $1,484 in Monument, CO. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Austin, TX – a meal for two runs $85.0 versus $71.0 in Monument, CO. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $2,000. Austin, TX is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Austin, TX and Monument, CO are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Austin, TX gentler on the wallet – expenses run 22% less than in Monument, CO. Beyond cost, consider language, visa policies, and how big the international community is in each city.