According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 1,608.14% higher in 2024 versus 1923 (a $15,277,364.97 difference in value).
Between 1923 and 2024: Houston experienced an average inflation rate of 2.85% per year. This rate of change indicates significant inflation. In other words, $950,000 in Houston in the year 1923 would cost $16,227,364.97 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.91% during this same period, inflation in Houston was lower.
In the year 1923: Pricing changed by -0.10%, which is below the average yearly change in Houston during the 1923-2024 time period. Compared to inflation for all items in 1923 (1.79%), inflation in Houston was lower.
Below are calculations of equivalent buying power in Houston, over time, for $950,000 beginning in 1923. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1923 | $950,000.00 | -0.10% |
1924 | $947,011.01 | -0.31% |
1925 | $961,457.79 | 1.53% |
1926 | $966,439.43 | 0.52% |
1927 | $946,512.85 | -2.06% |
1928 | $934,556.90 | -1.26% |
1929 | $933,560.57 | -0.11% |
1930 | $927,084.43 | -0.69% |
1931 | $845,385.42 | -8.81% |
1932 | $759,701.10 | -10.14% |
1933 | $698,426.85 | -8.07% |
1934 | $730,807.55 | 4.64% |
1935 | $758,704.77 | 3.82% |
1936 | $767,173.57 | 1.12% |
1937 | $796,067.12 | 3.77% |
1938 | $795,568.96 | -0.06% |
1939 | $788,594.65 | -0.88% |
1940 | $790,587.31 | 0.25% |
1941 | $824,960.67 | 4.35% |
1942 | $911,143.16 | 10.45% |
1943 | $959,465.13 | 5.30% |
1944 | $968,432.09 | 0.93% |
1945 | $988,856.84 | 2.11% |
1946 | $1,067,068.69 | 7.91% |
1947 | $1,254,378.61 | 17.55% |
1948 | $1,358,993.18 | 8.34% |
1949 | $1,355,007.87 | -0.29% |
1950 | $1,395,857.37 | 3.01% |
1951 | $1,507,446.25 | 7.99% |
1952 | $1,525,878.34 | 1.22% |
1953 | $1,541,819.61 | 1.04% |
1954 | $1,544,310.44 | 0.16% |
1955 | $1,530,361.82 | -0.90% |
1956 | $1,553,775.56 | 1.53% |
1957 | $1,605,086.52 | 3.30% |
1958 | $1,632,983.74 | 1.74% |
1959 | $1,644,441.53 | 0.70% |
1960 | $1,663,371.79 | 1.15% |
1961 | $1,669,349.76 | 0.36% |
1962 | $1,702,726.80 | 2.00% |
1963 | $1,717,173.57 | 0.85% |
1964 | $1,743,576.30 | 1.54% |
1965 | $1,764,499.21 | 1.20% |
1966 | $1,811,326.69 | 2.65% |
1967 | $1,859,150.50 | 2.64% |
1968 | $1,933,875.20 | 4.02% |
1969 | $2,059,412.69 | 6.49% |
1970 | $2,168,510.75 | 5.30% |
1971 | $2,249,213.42 | 3.72% |
1972 | $2,326,927.11 | 3.46% |
1973 | $2,449,475.62 | 5.27% |
1974 | $2,722,968.01 | 11.17% |
1975 | $3,054,745.67 | 12.18% |
1976 | $3,286,392.24 | 7.58% |
1977 | $3,524,016.78 | 7.23% |
1978 | $3,856,790.77 | 9.44% |
1979 | $4,368,904.04 | 13.28% |
1980 | $4,925,852.12 | 12.75% |
1981 | $5,418,536.97 | 10.00% |
1982 | $5,807,603.57 | 7.18% |
1983 | $5,972,994.23 | 2.85% |
1984 | $6,128,919.77 | 2.61% |
1985 | $6,266,413.21 | 2.24% |
1986 | $6,216,098.58 | -0.80% |
1987 | $6,355,086.52 | 2.24% |
1988 | $6,538,909.28 | 2.89% |
1989 | $6,809,910.85 | 4.14% |
1990 | $7,188,017.83 | 5.55% |
1991 | $7,470,477.19 | 3.93% |
1992 | $7,711,090.72 | 3.22% |
1993 | $7,959,674.88 | 3.22% |
1994 | $8,238,148.93 | 3.50% |
1995 | $8,351,730.47 | 1.38% |
1996 | $8,525,091.77 | 2.08% |
1997 | $8,685,998.95 | 1.89% |
1998 | $8,773,177.77 | 1.00% |
1999 | $8,882,275.83 | 1.24% |
2000 | $9,203,592.03 | 3.62% |
2001 | $9,488,542.21 | 3.10% |
2002 | $9,513,450.45 | 0.26% |
2003 | $9,775,485.06 | 2.75% |
2004 | $10,117,226.01 | 3.50% |
2005 | $10,482,380.70 | 3.61% |
2006 | $10,793,235.45 | 2.97% |
2007 | $10,972,285.79 | 1.66% |
2008 | $11,357,137.91 | 3.51% |
2009 | $11,375,330.89 | 0.16% |
2010 | $11,598,742.79 | 1.96% |
2011 | $11,970,677.50 | 3.21% |
2012 | $12,202,872.05 | 1.94% |
2013 | $12,390,475.88 | 1.54% |
2014 | $12,749,094.65 | 2.89% |
2015 | $12,736,989.25 | -0.09% |
2016 | $12,926,894.60 | 1.49% |
2017 | $13,189,895.65 | 2.03% |
2018 | $13,506,832.98 | 2.40% |
2019 | $13,674,679.60 | 1.24% |
2020 | $13,688,284.48 | 0.10% |
2021 | $14,260,157.58 | 4.18% |
2022 | $15,439,622.18 | 8.27% |
2023 | $15,988,709.23 | 3.56% |
2024 | $16,227,364.97 | 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 |