If there exists a critical population size above which environmental degradation becomes serious, the population should be suppressed or reduced upon reaching that level. Since population size control is accompanied by costs, a reduction in control frequency may be preferable from an economic viewpoint. Although this can be realized by decreasing the population size drastically in each control, such management may result in increased population extinction probability according to environmental stochasticity. The effects of population management on both mean population persistence time and management cost were analyzed theoretically using a diffusion process. The model showed the functional forms of both mean persistence time and control frequency explicitly; these decreased with an increasing number of individuals removed from the population in each control operation. Based on the analysis, indices representing management costs are proposed. Mean persistence time is generally an increasing function of the cost indices. Nevertheless, if the cost of each control increases with the number of individuals removed, even the most conservative management practice (continuous control) may not be overly expensive.