Can An Auto Mechanic Afford Rent in Monument, CO?
Rent-burdened — rent takes 47.9% of gross income.
Monument rent: June 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).
About rent and an auto mechanic salary
Auto mechanic pay covers comfortable rent in most lower- and mid-cost US metros and stretches thin in the highest-cost ones. Master techs and dealership flat-rate techs often earn well above the BLS figure, which expands affordability further. At the national-average mechanic salary, the 30% rule supports about $1,282 a month in rent. The per-city pages show which markets stay in range.
Cheaper rent nearby
These Colorado cities have lower median rent than Monument, which improves the affordability math on an auto mechanic salary:
Compare with full rent data for Monument
View full rent data for Monument, CO →Frequently asked questions
Can an auto mechanic afford rent in Monument, CO?
Median rent in Monument is $2,148 a month. A typical auto mechanic in Colorado earns about $53,834 a year, which makes that rent 47.9% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can an auto mechanic afford in Monument?
Using the 30% rule, an auto mechanic salary in Colorado (~$53,834/yr) supports up to $1,346 a month in rent. Monument's current median rent is $2,148/mo, which is $802/mo over the affordability threshold.
How many hours does an auto mechanic work to cover rent in Monument?
At an hourly equivalent of about $26 an hour, an auto mechanic in Colorado works roughly 83 hours a month to cover Monument's median rent of $2,148.
Where is rent cheaper than Monument for an auto mechanic?
Nearby Colorado cities with lower median rent include Parker ($2,144/mo), Parker ($2,144/mo), Fountain ($2,144/mo). Each shifts the affordability math materially on an auto mechanic salary.