Housing costs in Port Barrington?
A typical home costs
$355,800, which is 5.2% more expensive than the national average of
$338,100 and 47.2% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Port 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 Port Barrington?
To live comfortably in Port Barrington, Illinois, a minimum annual income of
$68,040 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Port Barrington?
The cost of living in Port Barrington, IL is relatively high compared to other areas in the state. Housing costs are especially expensive, with the median home value at over $450,000. The median household income is slightly higher than the state average and the unemployment rate is fairly low. However, most basic items like food, gas, and utilities are still more expensive here than in other parts of Illinois. Despite the high cost of living, the area has a lot to offer such as waterfront properties along Lake Barrington or plenty of outdoor activities around the forest preserves nearby.