Cost of Living in Monument, CO - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $979 (excluding rent), and $2,471 including rent.

Family of 3: Estimated monthly costs are $2,394 (excluding rent), and $4,866 including rent.

Meal at Budget Restaurant

$19.84 $19.84

$10.91 $10.91

$34.73 $34.73

Three-Course Dinner for Two, Mid-Range

$71.8 $71.8

$39.9 $39.9

$89.8 $89.8

Fast Food Meal (McDonalds, etc)

$9.84 $9.84

$11.8 $11.8

Cappuccino

$5.06 $5.06

$3.03 $3.03

$7.08 $7.08

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

$2.03 $2.03

$5.08 $5.08

Water (0.33 liter bottle)

$2.45 $2.45

$2.06 $2.06

$3.6 $3.6

Local Beer (0.5 liter draught)

$6.3 $6.3

$4.54 $4.54

$7.05 $7.05

Imported Beer (0.33 liter bottle)

$6.67 $6.67

$5.13 $5.13

$7.7 $7.7

Milk (1 liter)

$1 $1

$0.81 $0.81

$2.08 $2.08

White Bread (500g)

$3.05 $3.05

$1.63 $1.63

$6.52 $6.52

Rice (white) (1kg)

$3.28 $3.28

$2.05 $2.05

$17.78 $17.78

Eggs

$4.08 $4.08

$1.97 $1.97

$7.88 $7.88

Local Cheese (1kg)

$10.86 $10.86

$8.69 $8.69

$26.06 $26.06

Chicken Fillets (1kg)

$8.46 $8.46

$6.07 $6.07

$21.68 $21.68

Beef Round Steak (1kg)

$16.55 $16.55

$13.25 $13.25

$22.08 $22.08

Apples (1kg)

$3.78 $3.78

$3.2 $3.2

$6.42 $6.42

Banana (1kg)

$1.5 $1.5

$1.08 $1.08

$4.32 $4.32

Oranges (1kg)

$3.77 $3.77

$2.52 $2.52

$13.37 $13.37

Tomato (1kg)

$4.89 $4.89

$2.92 $2.92

$9.04 $9.04

Potato (1kg)

$2.29 $2.29

$1.22 $1.22

$4.38 $4.38

Onion (1kg)

$1.96 $1.96

$1.8 $1.8

$4.5 $4.5

Lettuce (1 head)

$2.33 $2.33

$2 $2

$3.05 $3.05

Water (1.5 liter bottle)

$2.03 $2.03

$1.02 $1.02

$3.9 $3.9

Cigarettes 20 Pack (Marlboro, Camel)

$9.74 $9.74

$7.69 $7.69

$11.02 $11.02

Wine (Bottle)

$17.04 $17.04

$6 $6

$30.07 $30.07

Local Beer (0.5 liter bottle)

$2.31 $2.31

$1.78 $1.78

$4.38 $4.38

Imported Beer (0.33 liter bottle)

$2.74 $2.74

$1.51 $1.51

$7.03 $7.03

One-way Ticket (Public Transport)

$2.2 $2.2

$1.37 $1.37

$2.2 $2.2

Taxi Start (Normal Tariff)

$2.53 $2.53

$5.04 $5.04

Taxi (Normal Tariff) (1km)

$1.43 $1.43

$2.22 $2.22

Taxi 1hour Waiting (Normal Tariff)

$25.39 $25.39

Gasoline (1 liter)

$0.82 $0.82

$0.7 $0.7

$0.9 $0.9

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

$26.8K $26.8K

$23.2K $23.2K

$35.8K $35.8K

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

$25.4K $25.4K

$24.8K $24.8K

$26.1K $26.1K

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

$168 $168

$115 $115

$301 $301

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

$43.37 $43.37

$15.13 $15.13

$121 $121

Internet (50+ Mbps, Unlimited Data)

$77.3 $77.3

$40.34 $40.34

$126 $126

Gym Membership (Monthly)

$41.57 $41.57

$16.92 $16.92

$48.34 $48.34

Cinema Ticket

$12.11 $12.11

$10.6 $10.6

$18.17 $18.17

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

$1,465 $1,465

$785 $785

$1,962 $1,962

International Primary School, 1 Child (Yearly)

$12.7K $12.7K

$24.9K $24.9K

Jeans (Levis 501 Or Similar)

$57.5 $57.5

$44.53 $44.53

$79.2 $79.2

Summer Dress (H&M, Zara, etc)

$37.39 $37.39

$29.91 $29.91

$150 $150

Sport Shoes (Adidas, Nike)

$81.5 $81.5

$61.1 $61.1

$122 $122

Men's Leather Business Shoes

$101 $101

$89.9 $89.9

$125 $125

1-bedroom Apartment, City Center (Monthly)

$1,587 $1,587

$1,189 $1,189

$1,840 $1,840

1-bedroom Apartment, Outside City Center (Monthly)

$1,336 $1,336

$987 $987

$1,480 $1,480

3-bedroom Apartment, City Center (Monthly)

$2,633 $2,633

$2,003 $2,003

$3,004 $3,004

3-bedroom Apartment, Outside City Center (Monthly)

$2,230 $2,230

$1,706 $1,706

$2,508 $2,508

Buy Apartment in City Center (m2)

$2,637 $2,637

$1,884 $1,884

$2,637 $2,637

Buy Apartment Outside City Center (m2)

$2,203 $2,203

$1,704 $1,704

$2,203 $2,203

20-Year Fixed Mortgage Interest Rate (Annual %)

6.59

6.19

7.25

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

City tags:

🌎 North america

Cost of Living in Monument, CO - Frequently Asked Questions

Monument, CO offers a friendly balance of value and lifestyle that many travelers and remote workers appreciate. The town sits near the foothills with quick access to outdoor recreation and the amenities of Colorado Springs, helping daily needs stay predictable. You’ll find a range of housing options from modest rentals to longer stays, often at prices more approachable than bigger mountain towns nearby. For digital nomads, reliable internet and a few nearby cafés or coworking spaces make work feasible without a big city commute. Cost of Living in Monument, CO, United States reflects that grounded, small-town appeal. Tip: Plan a longer visit to explore seasonal trails and neighborhoods before committing.

Daily life in Monument balances small-town charm with practical access to larger services. Housing searches often focus on rentals near the foothills or along routes toward Colorado Springs, with options ranging from cozy studios to comfortable family setups. Groceries and casual dining are accessible in town, while farmers markets and locally sourced options add freshness to your meals. Public transport is limited, so many rely on a car or bike for errands and coworking trips to nearby Springs. Monument, CO, United States living cost is a helpful lens for planning utilities, food, and occasional outings. Tip: Map a weekly errand route to minimize trips and save time.

Quality of life in Monument comes from a mix of outdoor access, community events, and a manageable pace. A practical budgeting approach is to separate core housing, food, and transport from discretionary spending, then build a small buffer for seasonal needs like heating in winter or summer activities. Neighborhoods near the foothills offer easy hikes and scenic views, while staying closer to town centers keeps errands short. Seasonal tourism can affect crowd levels and restaurant hours, so plan around weekends or holidays. For a balanced routine, combine morning workouts outdoors with an affordable lunch spot and a reliable internet setup for remote work. Tip: Explore a few local coffee shops and trails to tune into what fits your rhythm.