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SOMERSET vs. MARGATE
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
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Taxes
Childcare
Personal
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Cost of Living Calculator - Somerset, New Jersey vs Margate, Florida
The cost of living in Margate, Florida is
17.5%
cheaper
than Somerset, New Jersey.
You would need a salary of
$74,257
in Margate, Florida to maintain the standard of living you have in Somerset, New Jersey.
Comparison highlights
• Overall, Margate, Florida is
cheaper
than Somerset, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
30% cheaper in Margate
than in Somerset, New Jersey
Somerset, NJ vs Margate, FL
Compared to Somerset, Margate is:
Homeowner
No Child Care, Taxes not Considered
17.5% lower
Child Care
, Taxes not Considered
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Child Care, Taxes Considered
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No Child Care,
Taxes Considered
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Renter
No Child Care, Taxes not Considered
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Child Care
, Taxes not Considered
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Child Care, Taxes Considered
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No Child Care,
Taxes Considered
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Food
1.1% lower
Housing (Homeowner)
34.8% lower
Housing (Rent)
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Median Home Cost
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Utilities
11.3% lower
Commute
6.0% lower
Health
1.7% higher
Taxes
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Childcare
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Personal
12.8% lower
Cost of Food
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