According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 2,347.36% higher in 2024 versus 1917 (a $16,900,958.68 difference in value).
Between 1917 and 2024: Houston experienced an average inflation rate of 3.03% per year. This rate of change indicates significant inflation. In other words, $720,000 in Houston in the year 1917 would cost $17,620,958.68 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.02% during this same period, inflation in Houston was higher.
In the year 1917: Pricing changed by 15.34%, which is significantly above the average yearly change in Houston during the 1917-2024 time period. Compared to inflation for all items in 1917 (17.81%), inflation in Houston was lower.
Below are calculations of equivalent buying power in Houston, over time, for $720,000 beginning in 1917. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1917 | $720,000.00 | 15.34% |
1918 | $871,465.06 | 21.04% |
1919 | $1,062,419.23 | 21.91% |
1920 | $1,242,013.52 | 16.90% |
1921 | $1,132,742.30 | -8.80% |
1922 | $1,032,667.17 | -8.83% |
1923 | $1,031,585.27 | -0.10% |
1924 | $1,028,339.59 | -0.31% |
1925 | $1,044,027.05 | 1.53% |
1926 | $1,049,436.51 | 0.52% |
1927 | $1,027,798.65 | -2.06% |
1928 | $1,014,815.93 | -1.26% |
1929 | $1,013,734.03 | -0.11% |
1930 | $1,006,701.73 | -0.69% |
1931 | $917,986.48 | -8.81% |
1932 | $824,943.65 | -10.14% |
1933 | $758,407.21 | -8.07% |
1934 | $793,568.75 | 4.64% |
1935 | $823,861.76 | 3.82% |
1936 | $833,057.85 | 1.12% |
1937 | $864,432.76 | 3.77% |
1938 | $863,891.81 | -0.06% |
1939 | $856,318.56 | -0.88% |
1940 | $858,482.34 | 0.25% |
1941 | $895,807.66 | 4.35% |
1942 | $989,391.44 | 10.45% |
1943 | $1,041,863.26 | 5.30% |
1944 | $1,051,600.30 | 0.93% |
1945 | $1,073,779.11 | 2.11% |
1946 | $1,158,707.74 | 7.91% |
1947 | $1,362,103.68 | 17.55% |
1948 | $1,475,702.48 | 8.34% |
1949 | $1,471,374.91 | -0.29% |
1950 | $1,515,732.53 | 3.01% |
1951 | $1,636,904.58 | 7.99% |
1952 | $1,656,919.61 | 1.22% |
1953 | $1,674,229.90 | 1.04% |
1954 | $1,676,934.64 | 0.16% |
1955 | $1,661,788.13 | -0.90% |
1956 | $1,687,212.62 | 1.53% |
1957 | $1,742,930.13 | 3.30% |
1958 | $1,773,223.14 | 1.74% |
1959 | $1,785,664.91 | 0.70% |
1960 | $1,806,220.89 | 1.15% |
1961 | $1,812,712.25 | 0.36% |
1962 | $1,848,955.67 | 2.00% |
1963 | $1,864,643.13 | 0.85% |
1964 | $1,893,313.30 | 1.54% |
1965 | $1,916,033.06 | 1.20% |
1966 | $1,966,882.04 | 2.65% |
1967 | $2,018,812.92 | 2.64% |
1968 | $2,099,954.92 | 4.02% |
1969 | $2,236,273.48 | 6.49% |
1970 | $2,354,740.80 | 5.30% |
1971 | $2,442,374.15 | 3.72% |
1972 | $2,526,761.83 | 3.46% |
1973 | $2,659,834.71 | 5.27% |
1974 | $2,956,814.43 | 11.17% |
1975 | $3,317,084.90 | 12.18% |
1976 | $3,568,625.09 | 7.58% |
1977 | $3,826,656.65 | 7.23% |
1978 | $4,188,009.02 | 9.44% |
1979 | $4,744,102.18 | 13.28% |
1980 | $5,348,880.54 | 12.75% |
1981 | $5,883,876.78 | 10.00% |
1982 | $6,306,356.12 | 7.18% |
1983 | $6,485,950.41 | 2.85% |
1984 | $6,655,266.72 | 2.61% |
1985 | $6,804,567.99 | 2.24% |
1986 | $6,749,932.38 | -0.80% |
1987 | $6,900,856.50 | 2.24% |
1988 | $7,100,465.82 | 2.89% |
1989 | $7,394,740.80 | 4.14% |
1990 | $7,805,319.31 | 5.55% |
1991 | $8,112,036.06 | 3.93% |
1992 | $8,373,313.30 | 3.22% |
1993 | $8,643,245.68 | 3.22% |
1994 | $8,945,634.86 | 3.50% |
1995 | $9,068,970.70 | 1.38% |
1996 | $9,257,220.14 | 2.08% |
1997 | $9,431,945.91 | 1.89% |
1998 | $9,526,611.57 | 1.00% |
1999 | $9,645,078.89 | 1.24% |
2000 | $9,993,989.48 | 3.62% |
2001 | $10,303,410.97 | 3.10% |
2002 | $10,330,458.30 | 0.26% |
2003 | $10,614,996.24 | 2.75% |
2004 | $10,986,085.65 | 3.50% |
2005 | $11,382,599.55 | 3.61% |
2006 | $11,720,150.26 | 2.97% |
2007 | $11,914,577.31 | 1.66% |
2008 | $12,332,480.24 | 3.51% |
2009 | $12,352,235.61 | 0.16% |
2010 | $12,594,833.96 | 1.96% |
2011 | $12,998,710.14 | 3.21% |
2012 | $13,250,845.38 | 1.94% |
2013 | $13,454,560.48 | 1.54% |
2014 | $13,843,977.16 | 2.89% |
2015 | $13,830,832.16 | -0.09% |
2016 | $14,037,046.43 | 1.49% |
2017 | $14,322,633.81 | 2.03% |
2018 | $14,666,789.48 | 2.40% |
2019 | $14,849,050.64 | 1.24% |
2020 | $14,863,823.89 | 0.10% |
2021 | $15,484,809.02 | 4.18% |
2022 | $16,765,565.14 | 8.27% |
2023 | $17,361,807.36 | 3.56% |
2024 | $17,620,958.68 | 1.49%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Houston, Texas:
Year | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 9.500 | 9.500 | 9.617 | 11.092 | 13.425 | 16.367 | 19.133 | 17.450 | 15.908 | 15.892 | 15.842 | 16.083 | 16.167 | 15.833 | 15.633 | 15.617 | 15.508 | 14.142 | 12.708 | 11.683 | 12.225 | 12.692 | 12.833 | 13.317 | 13.308 | 13.192 | 13.225 | 13.800 | 15.242 | 16.050 | 16.200 | 16.542 | 17.850 | 20.983 | 22.733 | 22.667 | 23.350 | 25.217 | 25.525 | 25.792 | 25.833 | 25.600 | 25.992 | 26.850 | 27.317 | 27.508 | 27.825 | 27.925 | 28.483 | 28.725 | 29.167 | 29.517 | 30.300 | 31.100 | 32.350 | 34.450 | 36.275 | 37.625 | 38.925 | 40.975 | 45.550 | 51.100 | 54.975 | 58.950 | 64.517 | 73.083 | 82.400 | 90.642 | 97.150 | 99.917 | 102.525 | 104.825 | 103.983 | 106.308 | 109.383 | 113.917 | 120.242 | 124.967 | 128.992 | 133.150 | 137.808 | 139.708 | 142.608 | 145.300 | 146.758 | 148.583 | 153.958 | 158.725 | 159.142 | 163.525 | 169.242 | 175.350 | 180.550 | 183.545 | 189.983 | 190.287 | 194.025 | 200.246 | 204.130 | 207.269 | 213.268 | 213.065 | 216.242 | 220.641 | 225.943 | 228.751 | 228.979 | 238.545 | 258.275 | 267.460 | 271.452 |