According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 1,613.53% higher in 2024 versus 1924 (a $14,844,521.83 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, $920,000 in Houston in the year 1924 would cost $15,764,521.83 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 $920,000 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 | $920,000.00 | -0.31% |
1925 | $934,034.72 | 1.53% |
1926 | $938,874.28 | 0.52% |
1927 | $919,516.04 | -2.06% |
1928 | $907,901.10 | -1.26% |
1929 | $906,933.19 | -0.11% |
1930 | $900,641.77 | -0.69% |
1931 | $821,273.01 | -8.81% |
1932 | $738,032.61 | -10.14% |
1933 | $678,506.05 | -8.07% |
1934 | $709,963.18 | 4.64% |
1935 | $737,064.70 | 3.82% |
1936 | $745,291.95 | 1.12% |
1937 | $773,361.39 | 3.77% |
1938 | $772,877.43 | -0.06% |
1939 | $766,102.05 | -0.88% |
1940 | $768,037.87 | 0.25% |
1941 | $801,430.83 | 4.35% |
1942 | $885,155.18 | 10.45% |
1943 | $932,098.90 | 5.30% |
1944 | $940,810.10 | 0.93% |
1945 | $960,652.29 | 2.11% |
1946 | $1,036,633.35 | 7.91% |
1947 | $1,218,600.74 | 17.55% |
1948 | $1,320,231.46 | 8.34% |
1949 | $1,316,359.81 | -0.29% |
1950 | $1,356,044.19 | 3.01% |
1951 | $1,464,450.29 | 7.99% |
1952 | $1,482,356.65 | 1.22% |
1953 | $1,497,843.24 | 1.04% |
1954 | $1,500,263.02 | 0.16% |
1955 | $1,486,712.26 | -0.90% |
1956 | $1,509,458.18 | 1.53% |
1957 | $1,559,305.63 | 3.30% |
1958 | $1,586,407.15 | 1.74% |
1959 | $1,597,538.14 | 0.70% |
1960 | $1,615,928.46 | 1.15% |
1961 | $1,621,735.93 | 0.36% |
1962 | $1,654,160.97 | 2.00% |
1963 | $1,668,195.69 | 0.85% |
1964 | $1,693,845.34 | 1.54% |
1965 | $1,714,171.49 | 1.20% |
1966 | $1,759,663.34 | 2.65% |
1967 | $1,806,123.09 | 2.64% |
1968 | $1,878,716.47 | 4.02% |
1969 | $2,000,673.33 | 6.49% |
1970 | $2,106,659.65 | 5.30% |
1971 | $2,185,060.49 | 3.72% |
1972 | $2,260,557.60 | 3.46% |
1973 | $2,379,610.73 | 5.27% |
1974 | $2,645,302.47 | 11.17% |
1975 | $2,967,617.04 | 12.18% |
1976 | $3,192,656.50 | 7.58% |
1977 | $3,423,503.42 | 7.23% |
1978 | $3,746,785.90 | 9.44% |
1979 | $4,244,292.48 | 13.28% |
1980 | $4,785,355.08 | 12.75% |
1981 | $5,263,987.38 | 10.00% |
1982 | $5,641,956.86 | 7.18% |
1983 | $5,802,630.19 | 2.85% |
1984 | $5,954,108.36 | 2.61% |
1985 | $6,087,680.17 | 2.24% |
1986 | $6,038,800.63 | -0.80% |
1987 | $6,173,824.30 | 2.24% |
1988 | $6,352,404.00 | 2.89% |
1989 | $6,615,675.96 | 4.14% |
1990 | $6,982,998.42 | 5.55% |
1991 | $7,257,401.37 | 3.93% |
1992 | $7,491,152.03 | 3.22% |
1993 | $7,732,645.98 | 3.22% |
1994 | $8,003,177.28 | 3.50% |
1995 | $8,113,519.20 | 1.38% |
1996 | $8,281,935.82 | 2.08% |
1997 | $8,438,253.55 | 1.89% |
1998 | $8,522,945.82 | 1.00% |
1999 | $8,628,932.14 | 1.24% |
2000 | $8,941,083.64 | 3.62% |
2001 | $9,217,906.37 | 3.10% |
2002 | $9,242,104.16 | 0.26% |
2003 | $9,496,664.91 | 2.75% |
2004 | $9,828,658.60 | 3.50% |
2005 | $10,183,398.21 | 3.61% |
2006 | $10,485,386.64 | 2.97% |
2007 | $10,659,330.04 | 1.66% |
2008 | $11,033,205.26 | 3.51% |
2009 | $11,050,879.33 | 0.16% |
2010 | $11,267,918.99 | 1.96% |
2011 | $11,629,245.24 | 3.21% |
2012 | $11,854,817.04 | 1.94% |
2013 | $12,037,069.96 | 1.54% |
2014 | $12,385,460.07 | 2.89% |
2015 | $12,373,699.95 | -0.09% |
2016 | $12,558,188.74 | 1.49% |
2017 | $12,813,688.37 | 2.03% |
2018 | $13,121,585.90 | 2.40% |
2019 | $13,284,645.13 | 1.24% |
2020 | $13,297,861.97 | 0.10% |
2021 | $13,853,423.88 | 4.18% |
2022 | $14,999,247.34 | 8.27% |
2023 | $15,532,673.12 | 3.56% |
2024 | $15,764,521.83 | 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 |