States › Illinois › South Barrington

Is South Barrington, IL expensive to live in?

CheapRent takes 12 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,43339% higher than U.S. average
💵 Families earn per year (2026)$238,969about $19,914/month · 174% higher than U.S. average
🔑 House price$908,300173% higher than U.S. average

Rent is higher than in 84% of U.S. cities. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 3.8 years of household income. Most homes (98.2%) are owned, so rentals can be hard to find. It is a highly educated city: 73.6% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $97,320 a year. That is $47 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 307 of 334 cities from cheapest to most expensive.

South Barrington
$2,433
Pinckneyville
$460
Hoopeston
$975
Milan
$1,065
Eureka
$704
Monee
$1,633
Colona
$927

How much do households earn in South Barrington?

Under $25k
2.0%
$25k–50k
8.2%
$50k–100k
8.5%
$100k–150k
24.4%
$150k+
55.3%

Share of households by yearly income. 79.6% of households earn $100,000 or more.

How expensive is South 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 South Barrington, so the Illinois figure is shown.

Taxes and bills in South Barrington

🏛️ Property tax$10,000+a year · 1.10% of home value · U.S. $3,119
⚡ Electric bill$211a month (typical) · U.S. $156

Life in South Barrington

Commute to work29 minU.S.: 26.4 min
College degree73.6%U.S.: 35.7%
Own their home98.2%U.S.: 65.2%
Below poverty line1%U.S.: 12.5%
Unemployment2%U.S.: 5.2%

Is it cheaper to rent or buy in South Barrington?

Renting is cheaper right now: about $3,869 a month less.

Renting
$2,433
Owning
$6,302

Owning assumes a typical $908,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $90,830 for the down payment.

Frequently asked questions

What is the average rent in South Barrington, IL?

Renting in South Barrington costs a median of about $2,433 a month in 2026, including utilities. The Illinois median is $1,517.

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

To keep rent under 30% of income, you need about $97,320 a year, or $47 an hour at a full-time job.

Is South Barrington cheap or expensive?

South Barrington is rated Cheap: rent takes 12.2% of the typical household income of $238,969. It ranks 307th cheapest of 334 Illinois cities we track.

How much are property taxes in South Barrington?

The median homeowner in South Barrington pays $10,000+ a year in property taxes, about 1.10% of the median home value.

Is South 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 South Barrington?

The median home value in South Barrington is $908,300, about 3.8 times the typical yearly household income.

5,021 people live in South Barrington. Numbers are typical (middle) values.