Considering retiring in Monument, CO?
Monument, Colorado is a beautiful place to retire, offering stunning scenery, a vibrant community, and diverse living options. But before you make the move, it’s important to consider the cost of living.
Here’s a quick overview:
Overall cost of living: Monument’s cost of living is 108.5% of the national average, meaning it’s slightly more expensive to live there than in most other parts of the country.
The housing costs for retirement in Monument, CO vary depending on the type of senior living community. Here are some average costs based on the search results:
- Senior Living Communities: The rates for senior living communities in Monument, CO range from $3690 to $3755 per month.
- Independent Living Communities: The average cost of independent living in Monument is approximately $3892.72 per month, with slightly lower costs in nearby regions such as Palmer Lake, CO.
- Senior Living Apartments: The cost of senior apartments in Monument, CO averages around $1109 per month, which is lower than the national and state averages.
These costs can fluctuate based on the specific amenities, services, and location of the retirement community. It’s important to directly contact the communities or visit their official websites for the most current and detailed information on housing costs and the services included.
Other things to consider:
- Taxes: Colorado has a graduated income tax, with rates ranging from 4.55% to 5.99%. Social Security income is not taxed in Colorado, but other forms of retirement income may be.
- Transportation: If you don’t plan on driving, you’ll need to factor in the cost of public transportation, which can be limited in Monument.
- Healthcare: Colorado has a good healthcare system, but it’s important to make sure you have a good health insurance plan in place.
Overall, Monument can be a great place to retire if you can afford the cost of living. But it’s important to do your research and make sure it’s the right fit for you.
Monument, Colorado, is a treasure trove of natural beauty, offering retirees a harmonious blend of vibrant community life, stunning landscapes, and diverse living options. It’s a place where your retirement dreams take shape amidst the backdrop of majestic mountains and serene lakes.
Monument caters to every preference, whether you seek the autonomy of independent living, the comfort of luxury senior communities, or the vibrancy of active adult communities.
Active Adult Communities:
1. Paint Brush Hills: A picturesque setting in Peyton, CO, offering spacious homes and a community focused on active living. Enjoy amenities designed for engagement and wellness, including lush parks and walking trails, ensuring a retirement filled with activity and serenity.
Independent Living:
2. Jackson Creek Senior Living: Embrace a lifestyle where independence and care blend seamlessly. Offering a range of living options from apartments to personalized care plans, Jackson Creek is dedicated to enriching your golden years with comfort, convenience, and community spirit.
3. Liberty Heights: Nestled in a serene environment, Liberty Heights provides a spectrum of living options from independent to assisted living, all designed with your comfort and autonomy in mind. Engage in enriching activities and enjoy amenities that make every day a celebration of life.
Luxury Senior Living:
4. Bethesda Gardens Monument: Experience luxury living with a heart. Bethesda Gardens offers personalized care, exquisite dining, and a vibrant community life, all within an environment that prioritizes your comfort and dignity.
5. StoneCreek of Flying Horse: A community that redefines luxury senior living. With its focus on wellness, community, and refinement, StoneCreek offers an upscale lifestyle complemented by top-tier amenities and beautiful surroundings.
Beyond Housing – Life in Monument:
Monument is more than a place to live; it’s a community vibrant with life. Engage in local events, join clubs, and become part of a fabric of togetherness and belonging. The natural splendor of Monument, with its majestic mountains and pristine lakes, offers an everyday escape into beauty.
Embrace Your New Chapter:
Your journey to a fulfilling retirement in Monument involves exploring diverse communities, connecting with locals to gain insights, and experiencing the charm and allure of
Monument firsthand. Remember, this is just the beginning. Conduct thorough research and personal visits to find the community that resonates with your lifestyle and aspirations.
Embark on your retirement adventure in Monument, Colorado, where each day promises a new discovery and every moment brings you closer to the retirement of your dreams.
Introduction to Monument, Colorado
Nestled at the foothills of the majestic Rocky Mountains, Monument, Colorado, presents a unique blend of small-town charm and modern living.
With its picturesque landscapes, vibrant community, and easy access to both natural wonders and urban amenities, Monument has emerged as an increasingly popular destination for those seeking a balanced lifestyle. This article explores the various aspects that make Monument, Colorado, an attractive place to live.
Geographical Splendor and Climate
Monument’s Prime Location: Situated in El Paso County, Monument is part of the Tri-Lakes region, offering stunning views of Palmer Lake, Monument Lake, and Lake Woodmoor. The town’s elevation, at over 7,000 feet, provides a refreshing mountain climate, distinct from the nearby cities.
Climate Characteristics: Residents of Monument experience a semi-arid climate with four distinct seasons. Summers are warm and inviting, perfect for outdoor activities, while winters showcase the beauty of snowy landscapes, ideal for winter sports enthusiasts.
Community and Lifestyle
Rich Community Life: Monument’s strong sense of community is evident in its numerous local events, festivals, and farmers’ markets. These gatherings not only foster a sense of belonging but also showcase the town’s commitment to supporting local businesses and artisans.
Outdoor Recreation: The town is a haven for outdoor lovers. With miles of trails for hiking, biking, and horseback riding, and close proximity to the mountains, residents can effortlessly indulge in nature’s bounty. Fishing and boating in the Tri-Lakes offer serene escapes within the town’s limits.
Education and Schools
Quality Education: Monument prides itself on its excellent educational system. The Lewis-Palmer School District 38 is renowned for its high academic standards, innovative programs, and dedicated staff, ensuring a solid foundation for the youth.
Continued Learning Opportunities: The town also offers various opportunities for continued education and enrichment through community classes and workshops, catering to all age groups and interests.
Local Economy and Employment
Robust Local Economy: Monument’s economy is a dynamic mix of local businesses and proximity to larger employment hubs in Colorado Springs and Denver. This blend offers residents diverse job opportunities without the need to commute far.
Thriving Small Businesses: The heart of Monument’s economy lies in its thriving small businesses. From unique retail shops to exquisite dining options, these establishments add character and economic strength to the community.
Real Estate and Housing
Diverse Housing Options: The real estate market in Monument is characterized by its diversity. From luxurious estates to charming single-family homes and modern apartments, there is a range of housing options to suit various preferences and budgets.
Growing Market: The town’s real estate market has been experiencing steady growth, making it an attractive option for both homeowners and investors.
Arts, Culture, and Entertainment
Vibrant Arts Scene: Monument’s commitment to arts and culture is visible in its numerous galleries, studios, and live music venues. The town encourages local artists, fostering a vibrant and creative community.
Entertainment and Dining: The town offers a variety of dining experiences, from cozy cafes to upscale restaurants. Regular community events and festivals add to the entertainment options, ensuring there’s always something to look forward to.
Healthcare and Wellness
Accessible Healthcare Services: Residents have access to quality healthcare facilities, with several clinics and specialty services in the town. Proximity to larger cities also ensures additional healthcare options.
Focus on Wellness: Monument’s emphasis on outdoor activities and community wellness programs promotes a healthy lifestyle among its residents.
Safety and Security
Low Crime Rates: Monument is known for its low crime rates, contributing to the town’s reputation as a safe and secure place to live.
Effective Law Enforcement: The local police force is highly regarded for its community-focused approach, ensuring peace of mind for the residents.
Monument, Colorado, is more than just a picturesque town; it’s a community that offers a high quality of life. With its stunning natural beauty, strong community bonds, excellent educational institutions, diverse economy, and commitment to arts and wellness, Monument stands out as an ideal place to call home.
Whether you’re seeking an active outdoor lifestyle, a safe and nurturing environment for your family, or a peaceful retreat with modern conveniences, Monument, Colorado, offers it all.
Explore Monument Colorado
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