Barley flour and honey, being concentrated source of nutrients, were used to develop extruded product using twin-screw extruder. Response surface methodology was applied to study the effects of honey (5–25%), moisture content (17–21%) temperature (120–160 °C) and screw speed (180–220 rpm) on product responses. The variation in moisture content and die temperature affected the physicochemical properties of extrudate but screw speed had significant effect only on hardness. It was established that with increase in honey levels from 5% to 20%, there was increase in antioxidant activity (up to 106.9%), total phenolic content (up to 90.2%) and total flavonoid content (up to 89.2%) in interaction with other extrusion cooking variables. The optimal condition corresponds to honey content of 18.86%, feed moisture of 18%, die temperature of 148.62 °C and screw speed of 209.99 rpm. The results suggest that honey can be extruded with barley flour into a healthful snack food.