A wireless vehicle safety monitoring system, including a portable monitor unit and a plurality of sensor modules that can monitor vehicle tire pressure, detect presence of object and its distance behind the vehicle, and monitor the security of the vehicle. The sensor modules communicate by encoded RF wireless transmission with the monitor unit, which will display the individual tire pressure on it's LCD panel while the vehicle is moving, and also display any detected object range information during the vehicle reverse motion. When one or more monitoring situations arise (bad tire pressure, object detection, or vehicle security violation), the monitor unit will issue warnings to alert the vehicle owner. The wireless pressure sensor module is miniaturized for easy mounting on the tire valve stem with minimal obstruction. The wireless ultrasonic object detection sensor module is mounted on the rear license plate holder. The small monitor unit can be dashboard-mounted or placed on any viewable location in the vehicle, or carried by the user. The system's unique power-conservation technology enables the monitor unit to operate on a single 1.5V AA battery for over six months, and for the sensor modules to operate close to 18 months without needing to change batteries.