States › Illinois › Barrington

Is Barrington, IL expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,32790% higher than U.S. average
💵 Families earn per year (2026)$159,606about $13,301/month · 83% higher than U.S. average
🔑 House price$582,50075% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 3.6 years of household income. Commutes are long, about 30.5 minutes each way. Most homes (78.4%) are owned, so rentals can be hard to find. It is a highly educated city: 68% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $133,080 a year. That is $64 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

No. Rent here is more expensive than in most of Illinois. It is number 328 of 334 cities from cheapest to most expensive.

Barrington
$3,327
$1,419
$1,341
$1,891
$1,450
$3,500+

How much do households earn in Barrington?

Under $25k
3.0%
$25k–50k
13.0%
$50k–100k
23.0%
$100k–150k
18.1%
$150k+
37.8%

Share of households by yearly income. 55.9% of households earn $100,000 or more.

Rent by apartment size in Barrington

SizeBarringtonU.S. average
1 bedroom$1,120$1,324
2 bedrooms$2,322$1,509
3 bedrooms$2,947$1,698
4 bedrooms$3,843$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Barrington overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Barrington, so the Illinois figure is shown.

Taxes and bills in Barrington

🏛️ Property tax$10,000+a year · 1.72% of home value · U.S. $3,119
⚡ Electric bill$140a month (typical) · U.S. $156

Life in Barrington

Commute to work30.5 minU.S.: 26.4 min
College degree68%U.S.: 35.7%
Own their home78.4%U.S.: 65.2%
Below poverty line4.6%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Barrington?

Renting is cheaper right now: about $715 a month less.

Renting
$3,327
Owning
$4,042

Owning assumes a typical $582,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $58,250 for the down payment.

Frequently asked questions

What is the average rent in Barrington, IL?

Renting in Barrington costs a median of about $3,327 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Barrington?

To keep rent under 30% of income, you need about $133,080 a year, or $64 an hour at a full-time job.

Is Barrington cheap or expensive?

Barrington is rated OK: rent takes 25.0% of the typical household income of $159,606. It ranks 328th cheapest of 334 Illinois cities we track.

How much are property taxes in Barrington?

The median homeowner in Barrington pays $10,000+ a year in property taxes, about 1.72% of the median home value.

Is Barrington more expensive than the national average?

Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Barrington?

The median home value in Barrington is $582,500, about 3.6 times the typical yearly household income.

11,077 people live in Barrington. Numbers are typical (middle) values.