Stephenville, TX Cost Of Living
Cost Of Living In Stephenville, TX Summary
Cost of living in Stephenville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Stephenville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Stephenville is 95, with 100 being the average.
The cost of living index in Stephenville is 0.9x lower than the national average.
Stephenville ranks as the #190 cheapest in Texas out of 414.
Stephenville ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Stephenville is $315,601.
The median income in Stephenville is $55,504.
Table Of Contents
Stephenville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Stephenville, TX?
According to the most recent data on the cost of living, Stephenville has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Texas, Stephenville has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Stephenville ranks as #190 most affordable out of the 414 places we measured in Texas. By definition, that implies Stephenville ranks as the #224 most expensive place in the Lone Star State.
For more reading on life in Stephenville, check out:
In Texas
In America
Stephenville Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Stephenville. Here is how it fairs on each of the criteria:
The Services index in Stephenville is 101.
The Groceries index in Stephenville is 94.
The Health index in Stephenville is 93.
The Housing index in Stephenville is 91.
The Transportation index in Stephenville is 92.
The Utilities index in Stephenville is 110.
| Living Expense | Stephenville | Texas | National Average | |
|---|---|---|---|---|
| Overall | 95 | 92 | 100 | |
| Services | 101 | 97 | 100 | |
| Groceries | 94 | 97 | 100 | |
| Health | 93 | 93 | 100 | |
| Housing | 91 | 82 | 100 | |
| Transportation | 92 | 94 | 100 | |
| Utilities | 110 | 104 | 100 | |
Stephenville, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Stephenville is $315,601.
The Median Rent in Stephenville is $1,128.
The Median Income in Stephenville is $55,504.
The Home Value To Income in Stephenville is 5.7x.
The Rent To Monthly Income in Stephenville is 0.24x.
| Statistic | Stephenville | Texas | United States |
|---|---|---|---|
| Median Home Value | $315,601 | $298,905 | $303,400 |
| Median Rent | $1,128 | $1,339 | $1,348 |
| Median Income | $55,504 | $76,292 | $78,538 |
| Home Value To Income | 5.7x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Stephenville, TX Costs By Category
Detailed Stephenville Services Costs Vs. Texas
| Item | Stephenville | Texas |
|---|---|---|
| Shampoo | $1.06 | $1.28 |
| Movie | $9.61 | $12.13 |
| Bowling | $18.5 | $18 |
| Haircut | $18.64 | $24.26 |
| Beauty Salon | $40.42 | $45.56 |
Detailed Stephenville Groceries Costs Vs. Texas
| Item | Stephenville | Texas |
|---|---|---|
| Ground Beef | $5.43 | $5.84 |
| Fried Chicken | $1.58 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $4.55 | $4.93 |
| Pizza | $12.51 | $12.09 |
| Beer | $10.32 | $10.41 |
| Toothpaste | $3.63 | $3.7 |
Detailed Stephenville Health Costs Vs. Texas
| Item | Stephenville | Texas |
|---|---|---|
| Optometrist | $106.87 | $125.68 |
| Doctor | $106.77 | $135.78 |
| Dentist | $108.56 | $113.29 |
Detailed Stephenville Transportation Costs Vs. Texas
| Item | Stephenville | Texas |
|---|---|---|
| Gasoline | $3.1 | $3.46 |
| Tire Balancing | $56.7 | $59.92 |
Detailed Stephenville Utilities Costs Vs. Texas
| Item | Stephenville | Texas |
|---|---|---|
| All Electricity | $212.69 | $193.99 |
| Phone | $207.96 | $192.25 |
Stephenville SnackAbility
/10
Cost Of Living In Cities Around Stephenville
The cost of living varies in the cities and towns around Stephenville. Here's a quick look at the cost of living in the most populous nearby places:
Weatherford, TX has a cost of living index of 106, 1.1x Stephenville.
Cleburne, TX has a cost of living index of 98, 1.0x Stephenville.
Mineral Wells, TX has a cost of living index of 95, 1.0x Stephenville.
| City | Population | Cost Of Living | Vs. Stephenville |
|---|---|---|---|
| Weatherford, TX | 33,924 | 106 | 1.1x |
| Cleburne, TX | 32,966 | 98 | 1.0x |
| Mineral Wells, TX | 15,130 | 95 | 1.0x |
