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Margate, FL vs Spring Hill, FL

113
Margate
Florida
VS
+18.2%
96
Spring Hill
Florida

There is a significant gap in the cost of living between these two cities. Spring Hill is 18.2% cheaper than Margate. With a cost index of 96 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Spring Hill to Margate should plan for substantially higher expenses across most categories.

On the housing front, median rent in Margate is $1,662/month compared to $1,301/month in Spring Hill — a 28% difference. Home values follow the same pattern: Spring Hill is more affordable at $248,400 median vs $286,200.

Median household income in Margate is $60,852 compared to $66,557 in Spring Hill (-8.6%). Spring Hill offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Margate spend roughly 32.8% of their income on rent, more than the 23.5% in Spring Hill. The Spring Hill ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Margate is notably warmer with an average of 76.8°F compared to 70.7°F in Spring Hill. Margate receives more rainfall at 56.5" per year compared to 51.9" in Spring Hill.

Income & Cost

Cost of Living Index
Margate
113
Spring Hill
96
15% cheaper
Median Household Income
Margate
$60,852
Spring Hill
$66,557
9% higher

Housing

Median Rent
Margate
$1,662
Spring Hill
$1,301
22% cheaper
Median Home Value
Margate
$286,200
Spring Hill
$248,400
13% cheaper
Population
Margate
58,418
Spring Hill
118,814

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Margate $3.12
Spring Hill $3.03
US $3.07
🥚
Eggs (grade A, large)
Margate $2.55
Spring Hill $2.47
US $2.50
🥛
Milk (whole)
Margate $4.10
Spring Hill $3.99
US $4.03
🍞
Bread (white)
Margate $1.88
Spring Hill $1.83
US $1.85
🍗
Chicken breast
Margate $4.22
Spring Hill $4.10
US $4.14
Electricity
Margate $0.19
Spring Hill $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Margate 76.8°F
Spring Hill 70.7°F
Summer High
Margate 91°F
Spring Hill 91°F
Winter Low
Margate 59°F
Spring Hill 44°F
Rainfall
Margate 56.5"
Spring Hill 51.9"
Rainy Days
Margate 129d
Spring Hill 126d