Cost of Living in Monument, OR

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

178.0

100 = national avg

+78.0 vs national average

Living Wage (1 Adult)

$78,299

per year

Living Wage (Family of 4)

$185,071

per year

Cost Index by Category

Housing
363.3
Food
78.1
Transportation
56.3
Healthcare
82.5
Utilities
139.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$985

per month

2 Bedroom

$1,127

per month

The overall cost of living index in Monument is 178.0, which is 78.0% above the national average. Housing costs are above the national average at an index of 363.3. A single adult needs to earn approximately $78,299 per year to cover basic expenses.