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Cost of Living in Margate, UK | Expat Exchange
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Cost of Living in Margate, England

By Joshua Wood, LPC

Last updated on May 10, 2025

Summary: What is the cost of living in Margate, UK? Hear what expats, digital nomads and retirees living in Margate have to say about the cost of housing, health insurance and general living costs.

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Is the cost of living in Margate high?

We asked people how much they someone comfortably live on in Margate, they wrote:

"The cost of living in Margate, is considered to be relatively affordable compared to other parts of the UK, particularly London. Housing is one of the most significant factors in the cost of living, and in Margate, it is generally less expensive than the national average. The cost of renting a property is also lower than in many other parts of the country. When it comes to groceries and other everyday items, the prices are fairly standard and in line with the national average. Eating out in restaurants or getting takeaways can be relatively inexpensive, depending on the place. Transportation costs are also a factor to consider. Public transport in Margate is reasonably priced, and the cost of petrol is on par with the national average. Utilities such as electricity, heating, cooling, and water are also part of the cost of living. In Margate, these costs are generally in line with the national average. Overall, the cost of living in Margate is considered to be more affordable than in many other parts of the UK, making it an attractive place for those looking to save money," explained one expat.

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Will I save money living in Margate?

"The cost of living in Margate can be lower than in many parts of the United States, especially when compared to major cities like New York or Los Angeles. Housing tends to be more affordable in Margate, and public transportation is widely available, potentially reducing the need for a personal vehicle. However, some expenses like groceries and dining out can be higher in the UK. Additionally, the UK has a higher tax rate than the US, which could impact your overall cost of living. It's also important to consider exchange rates and your personal lifestyle when comparing costs," wrote a person living in Margate.

What is the average cost of housing in Margate?

If you are thinking about moving to Margate, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Margate, can vary greatly depending on the type and size of the property. As of recent data, the average price for a property in Margate is approximately in the mid to high hundred-thousand-pound range. For a flat, the average price is slightly lower, while for a detached house, the price can be significantly higher. It's important to note that these are average prices and actual costs can vary based on factors such as location, condition of the property, and market trends," said one person in Margate.

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CORNERSTONE Relocation

Home finding, schooling, moving, settling-in and more for UK, London and Ireland. Cornerstone is a tech-driven, innovative relocation company. Making relocating to London, UK, Ireland and beyond a happy experience!

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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Home finding, schooling, moving, settling-in and more for UK, London and Ireland.
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CORNERSTONE RelocationCORNERSTONE Relocation

Home finding, schooling, moving, settling-in and more for UK, London and Ireland.
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