2024 Compare Cities Cost of Living:
Monument, CO vs Phoenix, AZ

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Highlights
Is it cheaper to live in Phoenix or is it cheaper to live in Monument?
- Phoenix is 2.4% more expensive than Monument.

Which city has more affordable housing, Phoenix or Monument?
- Phoenix housing costs are 48.4% less expensive than Monument housing costs.

Is Health Care more affordable in Monument or is Health Care more affordable in Phoenix.
- Health related expenses are 12.0% more in Phoenix.
 Monument, COPhoenix, AZUnited States
 Overall110.3113.0100
 Food & Groceries103.297.3100
 Health82.692.5100
 Housing229.7118.6100
 Median Home Cost$717,600$413,000$338,100
 Utilities9,360.0%10,180.0%10,000.0%
 Transportation102.3117.9100
 Miscellaneous132.0105.7100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Monument    2 Reviews

Over 15 years ago

if you think COS is nice, monument can't be  More

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Over 17 years ago

Monument is located about 10 miles north of the Colorado Springs city limits on I-25 cooridor. We are 2 exits north of the Air Force Academy. We enjoy a "small town"  More

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Reviews for Phoenix    449 Reviews

As someone that has worked in Phoenix for close to 20 years now. There is great areas to eat at, great opportunities for premium small businesses to set up shop and even  More

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Phoenix is a city of potential and definitely has a bad reputation that is not completely deserved all throughout the city itself. There is tons of things to do, places  More

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Phoenix has tons of the best places to shop and eat at bar none due to it being the big city. Downtown is definitely underrated. There also is some nice new developments  More

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