Cost of Living in Barrington, IL
Population 11,049 · Illinois · Data vintage 2023
(100 = US avg)
Barrington's housing market reflects its status as a high-earning metro: $581,000 for a typical home, 90% above the US median, paired with household incomes around $150,714 that put it in the upper third of the state.
Geographically, Barrington sits roughly 13 miles northeast of Elgin. Median home values run roughly 130% higher than Elgin's $252,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Barrington
The median home value in Barrington is $580,900 — 90% above the national median of $305,000. Median rent runs $1,886/month, 44% higher than the national median of $1,314/month. The median household income of $150,714/year is 102% higher than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Barrington has a cost of living index of 172 versus the US average of 100, meaning it is 72% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Barrington, IL?
Barrington has a cost index of 172 (100 = national average). It is 72% above the national average.
What is average rent in Barrington, IL?
The median gross rent in Barrington is $1,886 per month based on 2023 Census data.
What is the average home price in Barrington?
The median home value in Barrington is $580,900 according to Zillow and Census data.
What is the median income in Barrington?
The median household income in Barrington is $150,714 per year (2023 ACS 5-year estimates).
What is the sales tax in Barrington, IL?
The combined state and local sales tax rate in Barrington is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Barrington, IL affordable?
Barrington is above average in cost of living, with an index of 172 — about 72% higher than the national average.
Barrington at a Glance
- Population
- 11,049
- Median Income
- $150,714
- Home Value
- $580,900
- Median Rent
- $1,886/mo
- Unemployment
- 3.4%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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