Cost of living
Margate compared to North Lakes
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Overview comparison
MargateNorth Lakes
Consumer prices in North Lakes are roughly 5% higher than in Margate.
Cost of living
| Item | Margate | North Lakes |
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| Total with rent one person | 2,948 | 2,592 |
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| Total with rent family | 6,891 | 6,079 |
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| Without rent one person | 916 | 779 |
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| Without rent one family | 2,463 | 2,667 |
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| Rent & Utilities person | 1,353.34 | 1,567.36 |
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| Rent & Utilities family | 3,106.13 | 2,463.49 |
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| Food person | 740 | 532 |
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| Food family | 1,368 | 1,390 |
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| Transport person | 89.98 | 118.37 |
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| Transport family | 215.3 | 274.31 |
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| Life expectancy | 84.76 years | 82.67 years |
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Eating Out
| Item | Margate | North Lakes |
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| Lunch Menu | 14.61 | 18.22 |
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| Dinner in a Restaurant, for 2 | 68.86 | 62.3 |
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| Fast food meal, equiv. McDonald's | 8.59 | 9.19 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 4.96 | 6.89 |
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| Cappuccino | 5.32 | 4.96 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.89 | 2.8 |
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Rent & Utilities
| Item | Margate | North Lakes |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,774.37 | 1,634.06 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,358.15 | 1,134.62 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 3,541.23 | 2,762.32 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,915.18 | 2,784.47 |
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| Utility Bill one person, electricity, heating, water, etc. | 97.49 | 108.23 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 154.46 | 203.46 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 76.79 | 61.27 |
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Transportation
| Item | Margate | North Lakes |
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| Local transport ticket | 5.69 | 7.22 |
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| Monthly ticket local transport | 4,953 | 4,491 |
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| Taxi Ride, 8 km or 5 mi | 2,715 | 3,699 |
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| Gas / Petrol, 1 L or 0.26 gal | 2.31 | 1.86 |
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| Mortgage Interest Rate for 20 Years | 73.6% | 83.29% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 18.63 | 16.79 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.03 | 0.81 |
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Groceries
| Item | Margate | North Lakes |
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| Milk, 1 L or 1 qt | 1.18 | 1.22 |
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| Bread, 0.5 kg or 1.1 lb | 3.49 | 3.32 |
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| Eggs, x12 | 4.42 | 3.05 |
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| Cheese, 1 kg or 2.2 lb | 12.85 | 14.31 |
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| Chicken Breast, 1 kg or 2.2 lb | 11.54 | 9.6 |
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| Round Steak, 1 kg or 2.2 lb | 15.33 | 15.53 |
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| Banana, 1 kg or 2.2 lb | 1.92 | 1.78 |
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| Water, 1 L or 1 qt | 1.57 | 1.51 |
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Other
| Item | Margate | North Lakes |
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| Gym Membership, 1 month | 52.35 | 57.47 |
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| Cinema Ticket, 1 person | 15.41 | 13.67 |
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| Doctors visit | 104.3 | 125.44 |
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| Haircut, simple | 20.82 | 20.56 |
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| Brand Jeans | 59.42 | 59.23 |
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| Brand Sneakers | 91.67 | 95.24 |
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| Daycare or Preschool, 1 month | 1,420.72 | 1,568.32 |
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| International Primary School, 1 year | 18,564 | 23,240 |
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