Evans, CO vs Monument, CO

There is a significant gap in the cost of living between these two cities. Evans is 25.1% cheaper than Monument. With a cost index of 106 vs 141, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Evans to Monument should plan for substantially higher expenses across most categories.

On the housing front, median rent in Evans is $1,497/month compared to $1,947/month in Monument — a 23% difference. Home values follow the same pattern: Evans is more affordable at $326,300 median vs $586,400.

Median household income in Evans is $72,926 compared to $114,654 in Monument (-36.4%). While Monument is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Evans spend roughly 24.6% of their income on rent, more than the 20.4% in Monument.