Barrington, IL Cost Of Living
Cost Of Living In Barrington, IL Summary
Cost of living in Barrington research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Barrington is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Barrington is 144, with 100 being the average.
The cost of living index in Barrington is 1.4x higher than the national average.
Barrington ranks as the #319 cheapest in Illinois out of 338.
Barrington ranks as the #5,704 cheapest out of 6,412 in the US.
The median home value in Barrington is $477,500.
The median income in Barrington is $126,250.
Table Of Contents
Barrington's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Barrington, IL?
According to the most recent data on the cost of living, Barrington has an overall cost of living index of 144, which is 1.4x higher than the national index of 100.
Compared to Illinois, Barrington has a cost of living index that's 1.6x higher than Illinois's index of 92.
The standard of living in Barrington ranks as #319 most affordable out of the 338 places we measured in Illinois. By definition, that implies Barrington ranks as the #19 most expensive place in the Prairie State.
For more reading on life in Barrington, check out:
- Living In Barrington
- Barrington Crime Report
- Search Homes For Sale In Barrington, IL
In Illinois
In America
Barrington Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Barrington. Here is how it fairs on each of the criteria:
The Services index in Barrington is 115.
The Groceries index in Barrington is 108.
The Health index in Barrington is 101.
The Housing index in Barrington is 223.
The Transportation index in Barrington is 115.
The Utilities index in Barrington is 93.
| Living Expense | Barrington | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 144 | 92 | 100 | |
| Services | 115 | 95 | 100 | |
| Groceries | 108 | 98 | 100 | |
| Health | 101 | 96 | 100 | |
| Housing | 223 | 81 | 100 | |
| Transportation | 115 | 105 | 100 | |
| Utilities | 93 | 90 | 100 | |
Barrington, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Barrington is $477,500.
The Median Rent in Barrington is $1,531.
The Median Income in Barrington is $126,250.
The Home Value To Income in Barrington is 3.8x.
The Rent To Monthly Income in Barrington is 0.15x.
| Statistic | Barrington | Illinois | United States |
|---|---|---|---|
| Median Home Value | $477,500 | $212,600 | $244,900 |
| Median Rent | $1,531 | $1,097 | $1,163 |
| Median Income | $126,250 | $72,563 | $69,021 |
| Home Value To Income | 3.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Barrington, IL Costs By Category
Detailed Barrington Services Costs Vs. Illinois
| Item | Barrington | Illinois |
|---|---|---|
| Shampoo | $1.06 | $1.06 |
| Movie | $14.85 | $10.68 |
| Bowling | $15.76 | $14.67 |
| Haircut | $27.76 | $18.62 |
| Beauty Salon | $65.57 | $39.05 |
Detailed Barrington Groceries Costs Vs. Illinois
| Item | Barrington | Illinois |
|---|---|---|
| Ground Beef | $4.87 | $4.22 |
| Fried Chicken | $1.99 | $1.39 |
| Milk | $2.42 | $2.05 |
| Potatoes | $3.23 | $3.29 |
| Pizza | $12.0 | $10.62 |
| Beer | $8.61 | $9.38 |
| Toothpaste | $2.46 | $2.34 |
Detailed Barrington Health Costs Vs. Illinois
| Item | Barrington | Illinois |
|---|---|---|
| Optometrist | $96.76 | $108.57 |
| Doctor | $104.96 | $116.17 |
| Dentist | $101.82 | $99.13 |
Detailed Barrington Transportation Costs Vs. Illinois
| Item | Barrington | Illinois |
|---|---|---|
| Gasoline | $2.51 | $2.22 |
| Tire Balancing | $56.85 | $50.07 |
Detailed Barrington Utilities Costs Vs. Illinois
| Item | Barrington | Illinois |
|---|---|---|
| All Electricity | $131.89 | $167.67 |
| Phone | $203.16 | $175.64 |
Barrington SnackAbility
/10
Cost Of Living In Cities Around Barrington
The cost of living varies in the cities and towns around Barrington. Here's a quick look at the cost of living in the most populous nearby places:
Palatine, IL has a cost of living index of 117, 0.8x Barrington.
Glenview, IL has a cost of living index of 147, 1.0x Barrington.
Elmhurst, IL has a cost of living index of 131, 0.9x Barrington.
| City | Population | Cost Of Living | Vs. Barrington |
|---|---|---|---|
| Palatine, IL | 67,754 | 117 | 0.8x |
| Glenview, IL | 48,150 | 147 | 1.0x |
| Elmhurst, IL | 45,661 | 131 | 0.9x |
| Buffalo Grove, IL | 43,062 | 121 | 0.8x |
| Park Ridge, IL | 39,562 | 131 | 0.9x |
| Northbrook, IL | 35,108 | 156 | 1.1x |
| Highland Park, IL | 30,245 | 152 | 1.1x |
| Lake Zurich, IL | 19,807 | 125 | 0.9x |
| Deerfield, IL | 19,228 | 150 | 1.0x |
| Winfield, IL | 9,852 | 116 | 0.8x |
