Colorado Springs vs Monument

Which is the better fit for you?

Colorado Springs, CO
57
Area Score
Bottom 43% nationally
Monument, CO
62
Area Score
Top 37% nationally

Want a third or fourth place beside these? Open them in the shortlist and add more.

Monument receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.

If you are moving

What the difference in prices, rent, homes and weather comes to, using the published figures for the two places. Add your income to see what it would take to keep pace.

Moving from Colorado Springs to Monument

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Everyday prices
About the same
Regional price level 98.1 against 98.1 (US = 100). Both places sit in the same price region, so the index cannot tell them apart.
Income to keep the same purchasing power
Enter your household income to see it.
A new two-bedroom lease
+$630 a month
HUD benchmarks it at $2,320 in Monument against $1,690 in Colorado Springs.
The median home
41% more
$636,700 in Monument against $452,600 in Colorado Springs.
The weather you would swap
Similar winters
Normal January lows are 19°F in Monument against 19°F in Colorado Springs; July highs are 87°F against 87°F (summers the same).

These are differences between published figures, not a forecast of your budget. Income and sales taxes, commuting, schools, insurance and the job you would actually get are not in them, and a price index describes a metropolitan area, so two places in one metro read the same. HUD’s rent is a benchmark for a new lease, not a listing.

Signals

Colorado Springs
Monument
Opportunity: Monument is the more favorable of the two.
Opportunity
52 · Bottom 40%
vs
56 · Top 49%
Growth: Monument is the more favorable of the two.
Growth
62 · Top 26%
vs
70 · Top 16%
Climate
62 · Bottom 22%
vs
62 · Bottom 22%
Physical resilience
43 · Bottom 33%
vs
43 · Bottom 33%
Housing affordability: Monument is the more favorable of the two.
Housing affordability
56 · Bottom 29%
vs
57 · Bottom 30%
Schools: Monument is the more favorable of the two.
Schools
56 · Top 41%
vs
80 · Top 12%
Access: Colorado Springs is the more favorable of the two.
Access
100 · Top 4%
vs
93 · Top 46%
Economic stability: Monument is the more favorable of the two.
Economic stability
63 · Top 39%
vs
78 · Top 7%

Measured values

MetricColorado SpringsMonumentSource period
Population487,88711,7352024 ACS 5-Year
Median household income$84,818$128,816 — more favorable2024 ACS 5-Year
Per capita income$46,513$54,741 — more favorable2024 ACS 5-Year
Population density2,414/sq mi1,683/sq mi2024 ACS 5-Year
Median home value$452,600$636,7002024 ACS 5-Year
Median gross rent$1,648 — more favorable$1,9292024 ACS 5-Year
Market rent, two bedroom$1,690 — more favorable$2,320FY2026
Cost of living index98.198.12023
Homeownership rate60.9%76.1%2024 ACS 5-Year
Unemployment rate4.2% — more favorable4.3%July 2026
Employment change (year over year)−1.9%−1.9%July 2026
Bachelor's degree or higher42.7%57.7% — more favorable2024 ACS 5-Year
Poverty rate8.8%4.4% — more favorable2024 ACS 5-Year
Housing units permitted (12 months)5,3875,38712 months ending July 2026
Permits per 1,000 residents7.37.312 months ending July 2026
Permit change (year over year)+30.5%+30.5%12 months ending July 2026
Average July high87°F87°F1991-2020 Normals
Average January low19°F19°F1991-2020 Normals
Annual precipitation15.9"15.9"1991-2020 Normals
Distance to major airport5 mi — more favorable20 miNASR current cycle
Average commute24.0 min — more favorable31.7 min2024 ACS 5-Year
Median age35.738.32024 ACS 5-Year
Public schools15582024-25 school year
Students per teacher15.9 — more favorable18.52024-25 school year
Math proficiency38.9%57.7% — more favorable2018-19 school year
Reading proficiency53.9%71.8% — more favorable2018-19 school year
Free or reduced-price lunch eligibility42.5%15.9%2024-25 school year

A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.

The number of units permitted is not marked because the larger place always permits more; the per-resident rate is the fair comparison.

Physical risk tradeoff

Colorado Springs

Elevated or high exposure: wildfire, hail.

Monument

Elevated or high exposure: wildfire, hail.

Your best match

Weight what matters to you. Your preferences stay in this browser and never change either Area Score.

Colorado Springs
—
Colorado Springs: Your Score
57
Area Score
Monument
—
Monument: Your Score
62
Area Score

Select your priorities to see which of the two fits them better.

Full profiles: Colorado Springs, CO · Monument, CO · How this is calculated: methodology