Margate, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
98
Margate's Overall Cost Of Living
1.0x
Lower Than The National Average
238 out of 458
In Florida
2,952 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Margate is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Margate, FL?

According to the most recent data on the cost of living, Margate has an overall cost of living index of 98 which is 1.0x lower than the national index of 100.

Compared to only Florida, Margate has a cost of living index that's 1.0x lower than Florida's index of 99.

The standard of living in Margate ranks as #2,953 most affordable out of the 6,522 places we measured in Florida. By definition, that implies Margate ranks as the #3,453 most expensive place in the Sunshine State.

For more reading on life in Margate, check out:

Margate Cost Of Living Vs. Florida

Living Expense Margate Florida National Average
Overall 98 99 100
Services 99 99 100
Groceries 106 105 100
Health 100 100 100
Housing 89 96 100
Transportation 108 98 100
Utilities 98 102 100
For more reading on cost of living around Florida, check out:
Margate Cost of Living Vs. FL

Margate, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$183,800
Median Home Value
$1,311
Median Rent
$45,594
Median Income
Statistic Margate Florida United States
Median Home Value $183,800 $215,300 $217,500
Median Rent $1,311 $1,175 $1,062
Median Income $45,594 $55,660 $62,843
Home Value To Income 4.0x 3.9x 3.5x
Rent To Monthly Income 0.35x 0.25x 0.2x

Detailed Margate Services Costs Vs. Florida

Item Margate Florida
Shampoo $1.08 $1.01
Movie $13.05 $10.72
Bowling $20.57 $13.86

Detailed Margate Groceries Costs Vs. Florida

Item Margate Florida
Ground Beef $3.49 $3.9
Fried Chicken $1.28 $1.4
Milk $2.68 $1.96

Detailed Margate Health Costs Vs. Florida

Item Margate Florida
Haircut $17.5 $17.49
Beauty Salon $55.0 $38.17
Toothpaste $2.28 $2.32

Detailed Margate Transportation Costs Vs. Florida

Item Margate Florida
Potatoes $3.99 $3.18
Pizza $9.62 $10.39
Beer $10.09 $9.23
Optometrist $121.67 $106.34
Doctor $98.0 $115.25
Dentist $101.4 $98.38

Detailed Margate Utilities Costs Vs. Florida

Item Margate Florida
Gasoline $2.51 $2.59
Tire Balancing $63.98 $48.9
All Electricity $158.03 $167.6
Phone $185.34 $163.42

Margate SnackAbility

7
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
4
Diversity
10
Safety
7
Amenities
10
Education
6
Commute
6

Cost Of Living In Cities Around Margate

City Population Cost Of Living Vs. Margate
Pembroke Pines, FL 170,072 111 1.1x
Coral Springs, FL 132,568 117 1.2x
Pompano Beach, FL 110,062 100 1.0x
Davie, FL 104,399 109 1.1x
Boca Raton, FL 97,468 129 1.3x
Lauderhill, FL 71,625 93 0.9x
Weston, FL 70,614 137 1.4x
Tamarac, FL 65,874 97 1.0x
Coconut Creek, FL 60,490 101 1.0x
Oakland Park, FL 44,699 100 1.0x

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