Residential comparison · 13 facts
Boca Raton, FL vs Margate, FL
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Boca Raton needs about $77,000 in Margate to keep the same lifestyle.
Coming from Margate, $85,000 of lifestyle costs about $93,000 in Boca Raton.
A few differences
- Boca Raton is higher on median household income ($106,273 vs $62,450).
- Margate is lower on cost of living index (102 vs 137).
- Margate is lower on 2-bedroom rent ($1,725/mo vs $2,597/mo).
Boca Raton vs Margate · facet by facet
| Facet | Boca Raton, FL | Margate, FL |
|---|---|---|
| Median home price | $722,700 | $316,200 |
| 2-bedroom rent | $2,597/mo | $1,725/mo |
| Property tax rate | 0.8% | 0.8% |
| State & local income tax | 0% | 0% |
| Sales tax | 7% | 7% |
| Cost of living index | 137 | 102 |
| Groceries index | 103 | 103 |
| Utilities | $180/mo | $180/mo |
| Median household income | $106,273 | $62,450 |
| Unemployment rate | 3.3% | 3.3% |
| Crime index | 45/100 | 45/100 |
| School rating | 5.8/10 | 5.8/10 |
| Sunny days / year | 240 days | 240 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Boca Raton, FL · Margate, FL
Questions & answers
- Is Boca Raton cheaper than Margate?
- Margate has the lower day-to-day cost index (102 vs 137 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Margate equals $85,000 in Boca Raton?
- A household earning $85,000 in Boca Raton needs about $77,000 in Margate to keep the same lifestyle; coming the other way, $85,000 of Margate lifestyle costs about $93,000 in Boca Raton.