According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 1,921.99% higher in 2024 versus 1918 (a $11,339,756.05 difference in value).
Between 1918 and 2024: Houston experienced an average inflation rate of 2.88% per year. This rate of change indicates significant inflation. In other words, $590,000 in Houston in the year 1918 would cost $11,929,756.05 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.89% during this same period, inflation in Houston was lower.
In the year 1918: Pricing changed by 21.04%, which is significantly above the average yearly change in Houston during the 1918-2024 time period. Compared to inflation for all items in 1918 (17.34%), inflation in Houston was much higher.
Below are calculations of equivalent buying power in Houston, over time, for $590,000 beginning in 1918. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1918 | $590,000.00 | 21.04% |
1919 | $719,279.95 | 21.91% |
1920 | $840,869.03 | 16.90% |
1921 | $766,890.13 | -8.80% |
1922 | $699,137.18 | -8.83% |
1923 | $698,404.72 | -0.10% |
1924 | $696,207.32 | -0.31% |
1925 | $706,828.06 | 1.53% |
1926 | $710,490.38 | 0.52% |
1927 | $695,841.09 | -2.06% |
1928 | $687,051.52 | -1.26% |
1929 | $686,319.06 | -0.11% |
1930 | $681,558.04 | -0.69% |
1931 | $621,495.97 | -8.81% |
1932 | $558,504.03 | -10.14% |
1933 | $513,457.48 | -8.07% |
1934 | $537,262.57 | 4.64% |
1935 | $557,771.57 | 3.82% |
1936 | $563,997.52 | 1.12% |
1937 | $585,238.98 | 3.77% |
1938 | $584,872.75 | -0.06% |
1939 | $579,745.50 | -0.88% |
1940 | $581,210.43 | 0.25% |
1941 | $606,480.45 | 4.35% |
1942 | $669,838.61 | 10.45% |
1943 | $705,363.13 | 5.30% |
1944 | $711,955.31 | 0.93% |
1945 | $726,970.83 | 2.11% |
1946 | $784,469.27 | 7.91% |
1947 | $922,172.56 | 17.55% |
1948 | $999,081.32 | 8.34% |
1949 | $996,151.46 | -0.29% |
1950 | $1,026,182.50 | 3.01% |
1951 | $1,108,218.50 | 7.99% |
1952 | $1,121,769.09 | 1.22% |
1953 | $1,133,488.52 | 1.04% |
1954 | $1,135,319.68 | 0.16% |
1955 | $1,125,065.18 | -0.90% |
1956 | $1,142,278.09 | 1.53% |
1957 | $1,180,000.00 | 3.30% |
1958 | $1,200,509.00 | 1.74% |
1959 | $1,208,932.34 | 0.70% |
1960 | $1,222,849.16 | 1.15% |
1961 | $1,227,243.95 | 0.36% |
1962 | $1,251,781.50 | 2.00% |
1963 | $1,262,402.23 | 0.85% |
1964 | $1,281,812.54 | 1.54% |
1965 | $1,297,194.29 | 1.20% |
1966 | $1,331,620.11 | 2.65% |
1967 | $1,366,778.40 | 2.64% |
1968 | $1,421,713.22 | 4.02% |
1969 | $1,514,003.72 | 6.49% |
1970 | $1,594,208.57 | 5.30% |
1971 | $1,653,538.18 | 3.72% |
1972 | $1,710,670.39 | 3.46% |
1973 | $1,800,763.50 | 5.27% |
1974 | $2,001,824.95 | 11.17% |
1975 | $2,245,735.57 | 12.18% |
1976 | $2,416,033.52 | 7.58% |
1977 | $2,590,726.26 | 7.23% |
1978 | $2,835,369.34 | 9.44% |
1979 | $3,211,855.99 | 13.28% |
1980 | $3,621,303.54 | 12.75% |
1981 | $3,983,507.14 | 10.00% |
1982 | $4,269,534.45 | 7.18% |
1983 | $4,391,123.53 | 2.85% |
1984 | $4,505,754.19 | 2.61% |
1985 | $4,606,834.26 | 2.24% |
1986 | $4,569,844.82 | -0.80% |
1987 | $4,672,023.59 | 2.24% |
1988 | $4,807,163.25 | 2.89% |
1989 | $5,006,393.54 | 4.14% |
1990 | $5,284,363.75 | 5.55% |
1991 | $5,492,017.38 | 3.93% |
1992 | $5,668,907.51 | 3.22% |
1993 | $5,851,657.36 | 3.22% |
1994 | $6,056,381.13 | 3.50% |
1995 | $6,139,882.06 | 1.38% |
1996 | $6,267,330.85 | 2.08% |
1997 | $6,385,623.84 | 1.89% |
1998 | $6,449,714.46 | 1.00% |
1999 | $6,529,919.30 | 1.24% |
2000 | $6,766,139.04 | 3.62% |
2001 | $6,975,623.84 | 3.10% |
2002 | $6,993,935.44 | 0.26% |
2003 | $7,186,573.56 | 2.75% |
2004 | $7,437,808.81 | 3.50% |
2005 | $7,706,256.98 | 3.61% |
2006 | $7,934,785.85 | 2.97% |
2007 | $8,066,417.01 | 1.66% |
2008 | $8,349,346.00 | 3.51% |
2009 | $8,362,720.79 | 0.16% |
2010 | $8,526,964.93 | 1.96% |
2011 | $8,800,397.52 | 3.21% |
2012 | $8,971,098.32 | 1.94% |
2013 | $9,109,017.69 | 1.54% |
2014 | $9,372,660.89 | 2.89% |
2015 | $9,363,761.45 | -0.09% |
2016 | $9,503,372.81 | 1.49% |
2017 | $9,696,721.42 | 2.03% |
2018 | $9,929,721.97 | 2.40% |
2019 | $10,053,116.57 | 1.24% |
2020 | $10,063,118.37 | 0.10% |
2021 | $10,483,538.24 | 4.18% |
2022 | $11,350,636.81 | 8.27% |
2023 | $11,754,305.21 | 3.56% |
2024 | $11,929,756.05 | 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 |