Golden, CO vs Monument, CO

Monument is moderately more affordable than Golden, with a 11.7% lower cost of living index. Golden scores 158 compared to 141 for Monument, where the US average is 100. This difference means residents of Golden can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Golden is $1,854/month compared to $1,947/month in Monument — a 5% difference. Interestingly, home values tell a different story: while Golden has cheaper rent, Monument actually has lower median home values ($586,400 vs $790,500).

Median household income in Golden is $95,913 compared to $114,654 in Monument (-16.3%). Monument offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Golden spend roughly 23.2% of their income on rent, more than the 20.4% in Monument.