Cost of Living in Margate, FL
Overall index: 88 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 82 | -18% | $1,163 |
| Transportation | 101 | +1% | $3.50 |
| Food | 81 | -19% | $332 |
| Utilities | 91 | -9% | $148 |
| Healthcare | 91 | -9% | $107 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Margate?
A single adult living comfortably in Margate, FL needs approximately $30,800 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Margate, FL?
The overall cost of living in Margate, FL is 12% lower than the US national average (index: 88 where 100 = national average).
How much is rent in Margate, FL?
Average rent for a 1-bedroom apartment in Margate, FL is about $1,163/month.
Is Margate, FL expensive to live in?
No, Margate, FL is affordable (below national average).
What salary do I need to live in Margate, FL?
A single adult needs roughly $30,800/year to cover basic living costs in Margate, FL.