Catalyst screening of γ-Al2O3-supported, single-metal and bimetallic catalysts revealed several bimetallic catalysts with activities for partial combustion of methane greater than a benchmark Pt/γ-Al2O3 catalyst. A cost analysis of those catalysts identified that the (2 wt%Cr + 3 wt% Ru)/γ-Al2O3 catalyst, denoted as 2Cr3Ru/Al2O3, was about 17.6 times cheaper than the benchmark catalyst and achieved a methane conversion of 10.50% or 1.6 times higher than the benchmark catalyst based on identical catalyst weights. In addition, various catalyst characterization techniques were performed to determine the physicochemical properties of the catalysts, revealing that the particle size of RuO2 became smaller and the binding energy of Ru 3d also shifted toward a lower energy. Moreover, the operating conditions (reactor temperature and O2/CH4 ratio), stability, and reusability of the 2Cr3Ru/Al2O3 catalyst were investigated. The stability test of the catalyst over 24 h was very good, without any signs of coke deposition. The reusability of the catalyst for five cycles (6 h for each cycle) was noticeably excellent.