Town10,399 people

Monument, CO

Discover how far your salary goes in Monument. Compare taxes, rent, and living costs.

Cost Index
146
💰 Expensive
Population

10,399

State Tax

4.4%

1BR Rent

$1,638

/month

vs National

+17%

above avg

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Rent Prices in Monument

🏠

Studio

$1,310

/month

$15,720/year

Most Common
🛏️

1 Bedroom

$1,638

/month

$19,656/year

🏡

2 Bedroom

$2,211

/month

$26,532/year

🏘️

3 Bedroom

$2,867

/month

$34,404/year

Taxes in Colorado

State Income Tax

Colorado

4.4%

For a $100k salary, that's ~$4,400/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Monument, CO?

Monument has a cost of living index of 146, which is 46% above the national average. A 1-bedroom apartment costs around $1,638/month.

What is the state income tax in Colorado?

Colorado has a state income tax rate of approximately 4.4%. This is in addition to federal income tax.

How much is rent in Monument?

The median rent for a 1-bedroom apartment in Monument is $1,638/month. For a 2-bedroom, expect to pay around $2,211/month. This is 17% above the national average.

Is Monument a good place to live?

Monument is a town with a population of 10,399. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for Monument

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