Cape Coral, FL vs Margate, FL: Cost of Living Comparison
Margate has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Cape Coral | Margate | Cheaper |
|---|---|---|---|
| Overall cost of living | 99 | 88 | Margate |
| Housing | 97 ($1,226) | 82 ($1,163) | Margate |
| Transportation | 101 ($3.50) | 101 ($3.50) | Tie |
| Food & groceries | 102 ($418) | 81 ($332) | Margate |
| Utilities | 99 ($175) | 91 ($148) | Margate |
| Healthcare | 99 ($126) | 91 ($107) | Margate |
| Median annual wage | 99 ($47,880) | 99 ($47,880) | Tie |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Cape Coral, FL or Margate, FL cheaper to live in?
Margate, FL is cheaper overall by about 11 index points (Cape Coral, FL: 99, Margate, FL: 88; 100 = US national average).
What salary do I need in Cape Coral, FL vs Margate, FL?
A single adult needs roughly $34,650/year in Cape Coral, FL and $30,800/year in Margate, FL to cover basic living costs.