Four Square Mile, CO vs Monument, CO

Four Square Mile is moderately more affordable than Monument, with a 9.4% lower cost of living index. Four Square Mile scores 128 compared to 141 for Monument, where the US average is 100. This difference means residents of Monument can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Four Square Mile is $1,796/month compared to $1,947/month in Monument — a 8% difference. Home values follow the same pattern: Four Square Mile is more affordable at $448,200 median vs $586,400.

Median household income in Four Square Mile is $73,318 compared to $114,654 in Monument (-36.1%). 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 Four Square Mile spend roughly 29.4% of their income on rent, more than the 20.4% in Monument.