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 92, with 100 being the average.
The cost of living index in Stephenville is 0.9x lower than the national average.
Stephenville ranks as the #239 cheapest in Texas out of 405.
Stephenville ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Stephenville is $153,700.
The median income in Stephenville is $50,552.
According to the most recent data on the cost of living, Stephenville has an overall cost of living index of 92, 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 lower than Texas's index of 92.
The standard of living in Stephenville ranks as #239 most affordable out of the 405 places we measured in Texas. By definition, that implies Stephenville ranks as the #166 most expensive place in the Lone Star State.
For more reading on life in Stephenville, check out:
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 100.
The Groceries index in Stephenville is 98.
The Health index in Stephenville is 100.
The Housing index in Stephenville is 67.
The Transportation index in Stephenville is 85.
The Utilities index in Stephenville is 107.
Living Expense | Stephenville | Texas | National Average | |
---|---|---|---|---|
Overall | 92 | 92 | 100 | |
Services | 100 | 96 | 100 | |
Groceries | 98 | 93 | 100 | |
Health | 100 | 93 | 100 | |
Housing | 67 | 84 | 100 | |
Transportation | 85 | 92 | 100 | |
Utilities | 107 | 104 | 100 |
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 2017-2021. The key points are:
The Median Home Value in Stephenville is $153,700.
The Median Rent in Stephenville is $1,012.
The Median Income in Stephenville is $50,552.
The Home Value To Income in Stephenville is 3.0x.
The Rent To Monthly Income in Stephenville is 0.24x.
Statistic | Stephenville | Texas | United States |
---|---|---|---|
Median Home Value | $153,700 | $202,600 | $244,900 |
Median Rent | $1,012 | $1,146 | $1,163 |
Median Income | $50,552 | $67,321 | $69,021 |
Home Value To Income | 3.0x | 3.0x | 3.5x |
Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
Item | Stephenville | Texas |
---|---|---|
Shampoo | $0.99 | $1.06 |
Movie | $10.24 | $10.68 |
Bowling | $18.08 | $14.67 |
Haircut | $27.56 | $18.62 |
Beauty Salon | $53.57 | $39.05 |
Item | Stephenville | Texas |
---|---|---|
Ground Beef | $5.2 | $4.22 |
Fried Chicken | $1.87 | $1.39 |
Milk | $1.92 | $2.05 |
Potatoes | $2.67 | $3.29 |
Pizza | $9.31 | $10.62 |
Beer | $9.8 | $9.38 |
Toothpaste | $2.7 | $2.34 |
Item | Stephenville | Texas |
---|---|---|
Optometrist | $92.25 | $108.57 |
Doctor | $91.05 | $116.17 |
Dentist | $108.33 | $99.13 |
Item | Stephenville | Texas |
---|---|---|
Gasoline | $1.83 | $2.22 |
Tire Balancing | $47.98 | $50.07 |
Item | Stephenville | Texas |
---|---|---|
All Electricity | $187.94 | $167.67 |
Phone | $184.73 | $175.64 |
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:
Cleburne, TX has a cost of living index of 89, 1.0x Stephenville.
Weatherford, TX has a cost of living index of 96, 1.0x Stephenville.
Mineral Wells, TX has a cost of living index of 83, 0.9x Stephenville.
City | Population | Cost Of Living | Vs. Stephenville |
---|---|---|---|
Cleburne, TX | 30,984 | 89 | 1.0x |
Weatherford, TX | 30,385 | 96 | 1.0x |
Mineral Wells, TX | 14,925 | 83 | 0.9x |