Can A Bus Driver Afford Rent in Monument, CO?

Rent-burdened — rent takes 47.4% of gross income.

Monument rent: June 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).

Monument median rent
$2,148/mo
Bus Driver salary (Colorado)
$54,411/yr
Rent as % of income
47.4%
Gross monthly income works out to about $4,534, and the 30% rule supports up to $1,360/mo in rent. Monument's median rent of $2,148 exceeds that threshold by $788/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 82.1 hours a month to cover that rent.

About rent and a bus driver salary

Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.

Cheaper rent nearby

These Colorado cities have lower median rent than Monument, which improves the affordability math on a bus driver salary:

Parker, CO
$2,144/mo (47.3% of income)
Parker, CO
$2,144/mo (47.3% of income)
Fountain, CO
$2,144/mo (47.3% of income)

Compare with full rent data for Monument

View full rent data for Monument, CO

Frequently asked questions

Can a bus driver afford rent in Monument, CO?

Median rent in Monument is $2,148 a month. A typical bus driver in Colorado earns about $54,411 a year, which makes that rent 47.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a bus driver afford in Monument?

Using the 30% rule, a bus driver salary in Colorado (~$54,411/yr) supports up to $1,360 a month in rent. Monument's current median rent is $2,148/mo, which is $788/mo over the affordability threshold.

How many hours does a bus driver work to cover rent in Monument?

At an hourly equivalent of about $26 an hour, a bus driver in Colorado works roughly 82.1 hours a month to cover Monument's median rent of $2,148.

Where is rent cheaper than Monument for a bus driver?

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 a bus driver salary.

Methodology: Salary uses the BLS-derived Colorado state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Monument, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.