Cost of Living Calculator - Monument, Colorado vs Edgewood, New Mexico


The cost of living in Edgewood, New Mexico is 28.6% cheaper than Monument, Colorado.

You would need a salary of $35,709 in Edgewood, New Mexico to maintain the standard of living you have in Monument, Colorado.
Comparison highlights
• Overall, Edgewood, New Mexico is cheaper than Monument, Colorado
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
55% cheaper in Edgewood
than in Monument, Colorado
Monument, CO vs Edgewood, NM
Compared to Monument, Edgewood is:
  Homeowner
      No Child Care, Taxes not Considered
  28.6% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  5.1% lower
  Housing (Homeowner)
  49.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  12.0% higher
  Commute
  16.4% lower
  Health
  0.5% lower
  Taxes
  Childcare
  Personal
  10.8% higher

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