Margate, FL vs Miami, FL: Cost of Living Comparison
Margate has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Margate | Miami | Cheaper |
|---|---|---|---|
| Overall cost of living | 88 | 115 | Margate |
| Housing | 82 ($1,163) | 136 ($1,160) | Margate |
| Transportation | 101 ($3.50) | 103 ($3.50) | Margate |
| Food & groceries | 81 ($332) | 80 ($328) | Miami |
| Utilities | 91 ($148) | 118 ($245) | Margate |
| Healthcare | 91 ($107) | 118 ($177) | 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 Margate, FL or Miami, FL cheaper to live in?
Margate, FL is cheaper overall by about 27 index points (Margate, FL: 88, Miami, FL: 115; 100 = US national average).
What salary do I need in Margate, FL vs Miami, FL?
A single adult needs roughly $30,800/year in Margate, FL and $40,250/year in Miami, FL to cover basic living costs.