Louisville, CO vs Monument, CO

There is a significant gap in the cost of living between these two cities. Monument is 17.6% cheaper than Louisville. With a cost index of 141 vs 166, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monument to Louisville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Louisville is $2,069/month compared to $1,947/month in Monument — a 6% difference. Home values follow the same pattern: Monument is more affordable at $586,400 median vs $835,000.

Median household income in Louisville is $149,159 compared to $114,654 in Monument (+30.1%). While Louisville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Louisville spend roughly 16.6% of their income on rent, less than the 20.4% in Monument.