According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 1,961.46% higher in 2024 versus 1940 (a $12,749,473.53 difference in value).
Between 1940 and 2024: Houston experienced an average inflation rate of 3.67% per year. This rate of change indicates significant inflation. In other words, $650,000 in Houston in the year 1940 would cost $13,399,473.53 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation in Houston was lower.
In the year 1940: Pricing changed by 0.25%, which is significantly below the average yearly change in Houston during the 1940-2024 time period. Compared to inflation for all items in 1940 (0.72%), inflation in Houston was lower.
Below are calculations of equivalent buying power in Houston, over time, for $650,000 beginning in 1940. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1940 | $650,000.00 | 0.25% |
1941 | $678,260.87 | 4.35% |
1942 | $749,117.83 | 10.45% |
1943 | $788,846.88 | 5.30% |
1944 | $796,219.28 | 0.93% |
1945 | $813,011.97 | 2.11% |
1946 | $877,315.69 | 7.91% |
1947 | $1,031,316.95 | 17.55% |
1948 | $1,117,328.29 | 8.34% |
1949 | $1,114,051.67 | -0.29% |
1950 | $1,147,637.05 | 3.01% |
1951 | $1,239,382.48 | 7.99% |
1952 | $1,254,536.86 | 1.22% |
1953 | $1,267,643.35 | 1.04% |
1954 | $1,269,691.24 | 0.16% |
1955 | $1,258,223.06 | -0.90% |
1956 | $1,277,473.22 | 1.53% |
1957 | $1,319,659.74 | 3.30% |
1958 | $1,342,596.09 | 1.74% |
1959 | $1,352,016.38 | 0.70% |
1960 | $1,367,580.34 | 1.15% |
1961 | $1,372,495.27 | 0.36% |
1962 | $1,399,936.99 | 2.00% |
1963 | $1,411,814.74 | 0.85% |
1964 | $1,433,522.37 | 1.54% |
1965 | $1,450,724.64 | 1.20% |
1966 | $1,489,224.95 | 2.65% |
1967 | $1,528,544.42 | 2.64% |
1968 | $1,589,981.10 | 4.02% |
1969 | $1,693,194.71 | 6.49% |
1970 | $1,782,892.25 | 5.30% |
1971 | $1,849,243.86 | 3.72% |
1972 | $1,913,138.00 | 3.46% |
1973 | $2,013,894.14 | 5.27% |
1974 | $2,238,752.36 | 11.17% |
1975 | $2,511,531.19 | 12.18% |
1976 | $2,701,984.88 | 7.58% |
1977 | $2,897,353.50 | 7.23% |
1978 | $3,170,951.48 | 9.44% |
1979 | $3,591,997.48 | 13.28% |
1980 | $4,049,905.48 | 12.75% |
1981 | $4,454,977.95 | 10.00% |
1982 | $4,774,858.22 | 7.18% |
1983 | $4,910,838.06 | 2.85% |
1984 | $5,039,035.92 | 2.61% |
1985 | $5,152,079.40 | 2.24% |
1986 | $5,110,712.04 | -0.80% |
1987 | $5,224,984.25 | 2.24% |
1988 | $5,376,118.46 | 2.89% |
1989 | $5,598,928.80 | 4.14% |
1990 | $5,909,798.36 | 5.55% |
1991 | $6,142,028.99 | 3.93% |
1992 | $6,339,855.07 | 3.22% |
1993 | $6,544,234.40 | 3.22% |
1994 | $6,773,188.41 | 3.50% |
1995 | $6,866,572.15 | 1.38% |
1996 | $7,009,105.23 | 2.08% |
1997 | $7,141,398.87 | 1.89% |
1998 | $7,213,074.98 | 1.00% |
1999 | $7,302,772.53 | 1.24% |
2000 | $7,566,950.22 | 3.62% |
2001 | $7,801,228.73 | 3.10% |
2002 | $7,821,707.62 | 0.26% |
2003 | $8,037,145.56 | 2.75% |
2004 | $8,318,115.94 | 3.50% |
2005 | $8,618,336.48 | 3.61% |
2006 | $8,873,913.04 | 2.97% |
2007 | $9,021,123.50 | 1.66% |
2008 | $9,337,538.75 | 3.51% |
2009 | $9,352,496.53 | 0.16% |
2010 | $9,536,179.90 | 1.96% |
2011 | $9,841,974.80 | 3.21% |
2012 | $10,032,879.02 | 1.94% |
2013 | $10,187,121.93 | 1.54% |
2014 | $10,481,968.81 | 2.89% |
2015 | $10,472,016.07 | -0.09% |
2016 | $10,628,151.23 | 1.49% |
2017 | $10,844,383.74 | 2.03% |
2018 | $11,104,961.25 | 2.40% |
2019 | $11,242,960.30 | 1.24% |
2020 | $11,254,145.87 | 0.10% |
2021 | $11,724,324.83 | 4.18% |
2022 | $12,694,049.46 | 8.27% |
2023 | $13,145,494.33 | 3.56% |
2024 | $13,399,473.53 | 1.93%* |
* 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 | 272.628 |