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La Grange, IL vs Lake Barrington, IL

135
La Grange
Illinois
VS
-18.8%
166
Lake Barrington
Illinois

There is a significant gap in the cost of living between these two cities. La Grange is 18.8% cheaper than Lake Barrington. With a cost index of 135 vs 166, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from La Grange to Lake Barrington should plan for substantially higher expenses across most categories.

On the housing front, median rent in La Grange is $1,679/month compared to $3,060/month in Lake Barrington — a 45% difference. Interestingly, home values tell a different story: while La Grange has cheaper rent, Lake Barrington actually has lower median home values ($451,400 vs $582,600).

Median household income in La Grange is $154,556 compared to $132,857 in Lake Barrington (+16.3%). La Grange offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of La Grange spend roughly 13% of their income on rent, less than the 27.6% in Lake Barrington.

Climate-wise, both cities share similar average temperatures (52.1°F vs 50.8°F). La Grange receives more rainfall at 34.4" per year compared to 32.3" in Lake Barrington.

Income & Cost

Cost of Living Index
La Grange
135
19% cheaper
Lake Barrington
166
Median Household Income
La Grange
$154,556
14% higher
Lake Barrington
$132,857

Housing

Median Rent
La Grange
$1,679
45% cheaper
Lake Barrington
$3,060
Median Home Value
La Grange
$582,600
Lake Barrington
$451,400
23% cheaper
Population
La Grange
15,999
Lake Barrington
5,400

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
La Grange $3.20
Lake Barrington $3.20
US $3.07
🥚
Eggs (grade A, large)
La Grange $2.61
Lake Barrington $2.61
US $2.50
🥛
Milk (whole)
La Grange $4.20
Lake Barrington $4.20
US $4.03
🍞
Bread (white)
La Grange $1.93
Lake Barrington $1.93
US $1.85
🍗
Chicken breast
La Grange $4.32
Lake Barrington $4.32
US $4.14
Electricity
La Grange $0.15
Lake Barrington $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
La Grange 52.1°F
Lake Barrington 50.8°F
Summer High
La Grange 85°F
Lake Barrington 84°F
Winter Low
La Grange 19°F
Lake Barrington 18°F
Rainfall
La Grange 34.4"
Lake Barrington 32.3"
Rainy Days
La Grange 121d
Lake Barrington 112d