This paper presents a monadic approach to incremental computation, suitable for purely functional languages such as Haskell. A program that uses incremental computation is able to perform an incremental amount of computation to accommodate for changes in input data. Recently, Acar, Blelloch and Harper presented a small Standard ML library that supports efficient, high-level incremental computations [1]. Here, we present a monadic variant of that library, written in Haskell extended with first-class references. By using monads, not only are we able to provide a purely functional interface to the library, the types also enforce "correct usage" without having to resort to any type-system extension. We also find optimization opportunities based on standard monadic combinators.