Can A Paramedic Afford Rent in Monument, CO?
Rent-burdened — rent takes 45.7% of gross income.
Monument rent: July 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).
About rent and a paramedic salary
Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.
Cheaper rent nearby
These Colorado cities have lower median rent than Monument, which improves the affordability math on a paramedic salary:
Compare with full rent data for Monument
View full rent data for Monument, CO →Frequently asked questions
Can a paramedic afford rent in Monument, CO?
Median rent in Monument is $2,128 a month. A typical paramedic in Colorado earns about $55,839 a year, which makes that rent 45.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a paramedic afford in Monument?
Using the 30% rule, a paramedic salary in Colorado (~$55,839/yr) supports up to $1,396 a month in rent. Monument's current median rent is $2,128/mo, which is $732/mo over the affordability threshold.
How many hours does a paramedic work to cover rent in Monument?
At an hourly equivalent of about $27 an hour, a paramedic in Colorado works roughly 79.3 hours a month to cover Monument's median rent of $2,128.
Where is rent cheaper than Monument for a paramedic?
Nearby Colorado cities with lower median rent include Parker ($2,127/mo), Castle Rock ($2,126/mo), Fountain ($2,125/mo). Each shifts the affordability math materially on a paramedic salary.