According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 1,613.53% higher in 2024 versus 1924 (a $10,003,916.89 difference in value).
Between 1924 and 2024: Houston experienced an average inflation rate of 2.88% per year. This rate of change indicates significant inflation. In other words, $620,000 in Houston in the year 1924 would cost $10,623,916.89 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.94% during this same period, inflation in Houston was lower.
In the year 1924: Pricing changed by -0.31%, which is significantly below the average yearly change in Houston during the 1924-2024 time period. Compared to inflation for all items in 1924 (0.41%), inflation in Houston was lower.
Below are calculations of equivalent buying power in Houston, over time, for $620,000 beginning in 1924. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1924 | $620,000.00 | -0.31% |
1925 | $629,458.18 | 1.53% |
1926 | $632,719.62 | 0.52% |
1927 | $619,673.86 | -2.06% |
1928 | $611,846.40 | -1.26% |
1929 | $611,194.11 | -0.11% |
1930 | $606,954.23 | -0.69% |
1931 | $553,466.60 | -8.81% |
1932 | $497,369.81 | -10.14% |
1933 | $457,254.08 | -8.07% |
1934 | $478,453.45 | 4.64% |
1935 | $496,717.52 | 3.82% |
1936 | $502,261.97 | 1.12% |
1937 | $521,178.33 | 3.77% |
1938 | $520,852.18 | -0.06% |
1939 | $516,286.17 | -0.88% |
1940 | $517,590.74 | 0.25% |
1941 | $540,094.69 | 4.35% |
1942 | $596,517.62 | 10.45% |
1943 | $628,153.60 | 5.30% |
1944 | $634,024.20 | 0.93% |
1945 | $647,396.11 | 2.11% |
1946 | $698,600.74 | 7.91% |
1947 | $821,230.93 | 17.55% |
1948 | $889,721.20 | 8.34% |
1949 | $887,112.05 | -0.29% |
1950 | $913,855.87 | 3.01% |
1951 | $986,912.15 | 7.99% |
1952 | $998,979.48 | 1.22% |
1953 | $1,009,416.10 | 1.04% |
1954 | $1,011,046.82 | 0.16% |
1955 | $1,001,914.78 | -0.90% |
1956 | $1,017,243.56 | 1.53% |
1957 | $1,050,836.40 | 3.30% |
1958 | $1,069,100.47 | 1.74% |
1959 | $1,076,601.79 | 0.70% |
1960 | $1,088,995.27 | 1.15% |
1961 | $1,092,909.00 | 0.36% |
1962 | $1,114,760.65 | 2.00% |
1963 | $1,124,218.83 | 0.85% |
1964 | $1,141,504.47 | 1.54% |
1965 | $1,155,202.52 | 1.20% |
1966 | $1,185,860.07 | 2.65% |
1967 | $1,217,169.91 | 2.64% |
1968 | $1,266,091.53 | 4.02% |
1969 | $1,348,279.85 | 6.49% |
1970 | $1,419,705.42 | 5.30% |
1971 | $1,472,540.77 | 3.72% |
1972 | $1,523,419.25 | 3.46% |
1973 | $1,603,650.71 | 5.27% |
1974 | $1,782,703.84 | 11.17% |
1975 | $1,999,915.83 | 12.18% |
1976 | $2,151,572.86 | 7.58% |
1977 | $2,307,143.61 | 7.23% |
1978 | $2,525,007.89 | 9.44% |
1979 | $2,860,284.06 | 13.28% |
1980 | $3,224,913.20 | 12.75% |
1981 | $3,547,469.75 | 10.00% |
1982 | $3,802,188.32 | 7.18% |
1983 | $3,910,468.17 | 2.85% |
1984 | $4,012,551.29 | 2.61% |
1985 | $4,102,567.07 | 2.24% |
1986 | $4,069,626.51 | -0.80% |
1987 | $4,160,620.73 | 2.24% |
1988 | $4,280,967.91 | 2.89% |
1989 | $4,458,390.32 | 4.14% |
1990 | $4,705,933.72 | 5.55% |
1991 | $4,890,857.44 | 3.93% |
1992 | $5,048,385.06 | 3.22% |
1993 | $5,211,130.98 | 3.22% |
1994 | $5,393,445.55 | 3.50% |
1995 | $5,467,806.42 | 1.38% |
1996 | $5,581,304.58 | 2.08% |
1997 | $5,686,649.13 | 1.89% |
1998 | $5,743,724.36 | 1.00% |
1999 | $5,815,149.92 | 1.24% |
2000 | $6,025,512.89 | 3.62% |
2001 | $6,212,067.33 | 3.10% |
2002 | $6,228,374.54 | 0.26% |
2003 | $6,399,926.35 | 2.75% |
2004 | $6,623,661.23 | 3.50% |
2005 | $6,862,724.88 | 3.61% |
2006 | $7,066,238.82 | 2.97% |
2007 | $7,183,461.55 | 1.66% |
2008 | $7,435,420.94 | 3.51% |
2009 | $7,447,331.72 | 0.16% |
2010 | $7,593,597.58 | 1.96% |
2011 | $7,837,100.05 | 3.21% |
2012 | $7,989,115.83 | 1.94% |
2013 | $8,111,938.45 | 1.54% |
2014 | $8,346,723.09 | 2.89% |
2015 | $8,338,797.79 | -0.09% |
2016 | $8,463,127.20 | 1.49% |
2017 | $8,635,311.73 | 2.03% |
2018 | $8,842,807.89 | 2.40% |
2019 | $8,952,695.63 | 1.24% |
2020 | $8,961,602.63 | 0.10% |
2021 | $9,336,003.05 | 4.18% |
2022 | $10,108,188.43 | 8.27% |
2023 | $10,467,671.02 | 3.56% |
2024 | $10,623,916.89 | 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 |