Housing costs in Barrington?
A typical home costs
$495,200, which is 46.5% more expensive than the national average of
$338,100 and 104.9% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Barrington costs
$2,140 per month, which is 49.7% more than the national average of
$1,430 and 41.1% more than the state average of
$1,260.
Can I afford Barrington?
To live comfortably in Barrington, Illinois, a minimum annual income of
$95,040 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Barrington?
The cost of living in Barrington, IL is quite reasonable. It is not overly expensive and residents can find affordable housing options throughout the city. The median home value in Barrington is around $470,000, which is slightly higher than the national average but still quite reasonable for the area. Additionally, the cost of groceries and other necessities are similar to those found in other parts of Illinois. Residents of Barrington can also benefit from the low taxes levied by Cook County, allowing them to keep more of their hard-earned money in their pocket. All things considered, living in Barrington is an affordable option for those looking to settle down in a safe and friendly community.