Cost of Living in Stephenville, TX
Cost of Living in Stephenville, TX has an overall index of 86, 14% below the U.S. baseline of 100. The typical home value is $226,300; typical monthly rent is $1,128; and median household income is $55,504.
Cost index: committed city housing/rent inputs and BEA 2024 state nonmetro price parities. Home value: Census ACS 2023 fallback place estimate. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.
Rent and home prices are comparatively balanced with local income. This describes the local market, not your household.
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Frequently asked questions about Stephenville
Living in Stephenville
Is Stephenville, TX an affordable place to live?+
Yes — everyday expenses in Stephenville run about 14% below the US average (Cost Index: 86). Housing is especially affordable: the median home is valued around $226,300, compared to the $303,400 national median. Monthly rent is $1,128, versus $1,348 nationally.
How does Stephenville fit a household housing budget?+
Start with housing. Typical monthly rent is $1,128, while local median household income is $55,504. That implies a rent-burden proxy of about 24% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in Stephenville, TX?+
This model applies no broad Texas wage-income tax. Applying the 1.6% state-level effective owner-occupied proxy to a home worth $226,300 gives a planning estimate near $3,621 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 8.19%.
How much does it cost to rent in Stephenville, TX?+
The typical monthly rent in Stephenville is around $1,128. That's roughly 16% lower than the $1,348 national median. For comparison, the median home value here is $226,300, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Stephenville, TX?+
The typical home value in Stephenville is $226,300. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $1,098/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 46% of residents here own their homes.
Are groceries and utilities expensive in Stephenville?+
Grocery prices in Stephenville are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.
What is Stephenville, TX like to live in?+
Stephenville is a small town with a population of about 21,345. The median age of residents is 26, skewing younger — often a sign of a college town or fast-growing area. The local poverty rate is 18.35%, above the national average of 12.4%.