Stephenville offers a relatively affordable cost of living compared to larger Canadian cities. Dining out and grocery shopping are reasonably priced, making it easier to manage daily expenses.
Housing costs are notably lower, especially for those looking to rent apartments in the city centre or outside. Utilities and internet services are also competitively priced.
Transportation costs, including gasoline and taxi fares, are moderate, which can help in budgeting for commuting and travel.