Cost of living in Barrington
Barrington, located in Illinois, United States, is a charming village known for its affluent community and picturesque landscapes. Understanding the cost of living in Barrington is crucial for potential residents and those considering relocation.
This guide provides a detailed breakdown of the expenses associated with living in Barrington, including housing, dining, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $50 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $22.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer is $10, imported beer $12, cappuccino $9, and Coke/Pepsi $2.5.
Grocery Prices
- Milk - Milk is priced between $1.06 and $1.23 per liter, averaging $1.14.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $3.3 and $4.18, with an average price of $3.78.
- Eggs (Dozen) - A dozen eggs range from $3.5 to $4.99, averaging $4.25.
- Fruits (e.g., Apples, Bananas) - Apples cost $5.05 to $6.59 per kg, while bananas range from $0.88 to $3.73 per kg.
- Vegetables (e.g., Potatoes, Tomatoes) - Potatoes are priced at $1.74 per kg, and tomatoes range from $5.05 to $8.82 per kg.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $5.95 and $7.38.
- Monthly Pass - A monthly pass for public transport is priced between $100 and $135.
- Fuel (Gasoline) - Gasoline is priced between $0.96 and $1.12 per liter.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1925.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $2250.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent for a 3-bedroom apartment averages $3500.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1732.99 to $2960.08, averaging $2346.53.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $2034.38 to $2421.88, averaging $2228.13.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $170 and $300, averaging $229.86.
- Internet - Internet services have a fixed cost of $60.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
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"Key Takeaways"
Barrington, IL, presents a relatively high cost of living, particularly in dining and housing. The average rent for apartments is substantial, reflecting the area's affluent nature.
Grocery prices are moderately high, with essentials like milk, bread, and eggs priced above national averages. Transportation costs are also significant, especially for public transport and fuel.
Potential residents should budget carefully, considering the higher expenses in dining and housing, and explore cost-saving measures where possible.
Conclusion
In conclusion, Barrington, IL, offers a high standard of living with corresponding costs. The village's charm and amenities come with a price, particularly in housing and dining.
For those considering a move to Barrington, it's essential to plan financially for the higher cost of living, ensuring that your budget aligns with the expenses associated with this desirable location.