Cost of Living in Monument, PA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.1
100 = national avg
+3.1 vs national average
Living Wage (1 Adult)
$45,372
per year
Living Wage (Family of 4)
$107,242
per year
Cost Index by Category
Housing54.7
Food112.1
Transportation184.8
Healthcare109.7
Utilities98.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,194
per month
2 Bedroom
$1,406
per month
The overall cost of living index in Monument is 103.1, which is 3.1% above the national average. Housing costs are below the national average at an index of 54.7. A single adult needs to earn approximately $45,372 per year to cover basic expenses.