Housing costs in North Barrington?
A typical home costs
$688,300, which is 103.6% more expensive than the national average of
$338,100 and 184.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in North 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 North Barrington?
To live comfortably in North Barrington, Illinois, a minimum annual income of
$131,760 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about North Barrington?
North Barrington, IL is known for its high cost of living. The median home value in North Barrington is $550,700, which is considerably higher than the national average of $217,300. Additionally, the cost of goods and services is 3% higher than the national average. Residents can expect to pay more for groceries, housing costs, transportation costs and other living expenses. Despite this, many people choose to live in North Barrington due to its close proximity to Chicago and excellent school system.