Monument, CO vs Rancho Mirage, CA: Cost of Living

Which city costs less?

Rancho Mirage, CA has a modeled overall cost index 8.8% higher than Monument, CO.

Monument, CO · modeled 2BR rent: $2,320 / month
Rancho Mirage, CA · modeled 2BR rent: $2,230 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Monument, CO and Rancho Mirage, CA using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

Current salary in Monument, CO

Numbers update automatically as you type

Estimated extra cost: $1,168/month in Rancho Mirage, CA

$150,000 in your current city has a modeled equivalent of $164,016 in Rancho Mirage, CA

Regional cost estimates: Monument, CO uses Colorado Springs, CO. Rancho Mirage, CA uses San Bernardino, CA. Available city ZIP rent estimates are shown separately.

Overall Cost

↑ 8.8%

More expensive

Monthly Impact

$1,168

Extra cost

Annual Impact

$14.0K

Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Monument, CO

Population:12K

Cost Index:

94.8

100 = national average

Typical Home:$740K

Rancho Mirage, CA

Population:18K

Cost Index:

103.1

100 = national average

Typical Home:$825K

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Monument, CO

The Centennial State

12K

Population

State Tax

Yes

Located in Colorado, this city has a population of 12K residents.

Rancho Mirage, CA

The Golden State

18K

Population

State Tax

Yes

Located in California, this city has a population of 18K residents.

Cost Breakdown by Category

Estimated monthly spending: Monument, CO vs Rancho Mirage, CA

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Category	Monument, CO	Rancho Mirage, CA	Difference	Change
Transportation	$1,221/mo	$2,154/mo	↑ $932more	76.3%
Housing	$2,473/mo	$2,684/mo	↑ $211more	8.5%
All Utilities	$455/mo	$569/mo	↑ $115more	25.2%
Other	$1,722/mo	$1,637/mo	↓ $84.99less	4.9%
Healthcare	$627/mo	$563/mo	↓ $64.13less	10.2%
Groceries	$1,002/mo	$1,061/mo	↑ $59.64more	6.0%

Transportation

↑ 76.3%

Monument, CO

$1,221

Rancho Mirage, CA

$2,154

Difference

$932

Housing

↑ 8.5%

Monument, CO

$2,473

Rancho Mirage, CA

$2,684

Difference

$211

All Utilities

↑ 25.2%

Monument, CO

$455

Rancho Mirage, CA

$569

Difference

$115

Other

↓ 4.9%

Monument, CO

$1,722

Rancho Mirage, CA

$1,637

Difference

$84.99

less

Healthcare

↓ 10.2%

Monument, CO

$627

Rancho Mirage, CA

$563

Difference

$64.13

less

Groceries

↑ 6.0%

Monument, CO

$1,002

Rancho Mirage, CA

$1,061

Difference

$59.64

🏠Rent Comparison

Studio

From$1,600

To$1,710

↑ $110

1 Bed

From$1,960

To$1,800

↓ $160

2 Bed

From$2,320

To$2,230

↓ $90.00

3 Bed

From$3,230

To$2,950

↓ $280

Monument, COZIP-level data

1BR range: $1,960–$1,960/mo

Rancho Mirage, CAZIP-level data

1BR range: $1,800–$1,800/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500

Monthly in Monument, CO

$8,668

Monthly in Rancho Mirage, CA

$1,168

Difference

Home Values

Monument

Rancho Mirage

$740K

Median Value

$825K

↓ -0.6%

YoY Change

↓ -3.8%

↑ +27%

5-Year Change

↑ +45%

Homes in Rancho Mirage are 11% more expensive than Monument

Calculate payment - Monument Calculate payment - Rancho Mirage

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $4.0K

More taxes

Monthly Difference

$336

Less take-home

Effective Rate Diff

2.7%

Rate difference

Monument, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

Rancho Mirage, CA

Federal Income Tax

Effective: 18.9%

$25.5K

California State Tax

Effective: 7.1%

$10.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.8%

$47.6K

Take-Home Pay

$8,530/month

$102.4K

Additional Tax Information

Monument, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

Rancho Mirage, CA Tax Rates

Sales Tax:10.5%

Property Tax:0.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Monument

Rancho Mirage

49 Good

Air Quality

87 Moderate

55.2%

Good Air Days

10.9%

94 Moderate

Climate Risk

100 Very High

🔥🌊🌪

Top Hazards

🔥🌊🌡

▲+3.0°F

2050 Outlook

▲+3.0°F

9 days

Heat Days >95°F

100 days

▲+3.0°F

2050 Outlook

▲+3.0°F

9 days

Heat Days >95°F

100 days

Before moving from Monument, CO to Rancho Mirage, CA

Use this comparison to shortlist a move, then check the costs that depend on your household.

Compare actual homes. Get current quotes in Rancho Mirage, CA for the same bedroom count and included utilities as your home in Monument, CO. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Monument to Rancho Mirage moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Rancho Mirage, CA by cost, housing, population and region.

Frequently Asked Questions: Monument, CO vs Rancho Mirage, CA

How do the cost estimates for Monument, CO and Rancho Mirage, CA compare?

Rancho Mirage, CA has a modeled overall cost index 8.8% higher than Monument, CO. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Monument, CO, the model estimates $164,016 in Rancho Mirage, CA. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Monument, CO and Rancho Mirage, CA?

The modeled two-bedroom rents are $2,320/month in Monument, CO and $2,230/month in Rancho Mirage, CA. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Colorado and California on TaxTakeHome.com