Monument, CO vs Silverthorne, CO

Monument, CO and Silverthorne, CO have a very similar cost of living, with only a 3.7% difference in their overall index. Monument scores 141 while Silverthorne scores 147 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Monument is $1,947/month compared to $1,804/month in Silverthorne — a 8% difference. Interestingly, home values tell a different story: while Silverthorne has cheaper rent, Monument actually has lower median home values ($586,400 vs $691,300).

Median household income in Monument is $114,654 compared to $114,185 in Silverthorne (+0.4%). 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 Monument spend roughly 20.4% of their income on rent, more than the 19% in Silverthorne.