According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 885.33% higher in 2024 versus 1960 (a $26,559,901.17 difference in value).
Between 1960 and 2024: Houston experienced an average inflation rate of 3.64% per year. This rate of change indicates significant inflation. In other words, $3,000,000 in Houston in the year 1960 would cost $29,559,901.17 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 1960: Pricing changed by 1.15%, which is below the average yearly change in Houston during the 1960-2024 time period. Compared to inflation for all items in 1960 (1.48%), inflation in Houston was lower.
Below are calculations of equivalent buying power in Houston, over time, for $3,000,000 beginning in 1960. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1960 | $3,000,000.00 | 1.15% |
1961 | $3,010,781.67 | 0.36% |
1962 | $3,070,979.34 | 2.00% |
1963 | $3,097,035.04 | 0.85% |
1964 | $3,144,654.09 | 1.54% |
1965 | $3,182,389.94 | 1.20% |
1966 | $3,266,846.36 | 2.65% |
1967 | $3,353,099.73 | 2.64% |
1968 | $3,487,870.62 | 4.02% |
1969 | $3,714,285.71 | 6.49% |
1970 | $3,911,051.21 | 5.30% |
1971 | $4,056,603.77 | 3.72% |
1972 | $4,196,765.50 | 3.46% |
1973 | $4,417,789.76 | 5.27% |
1974 | $4,911,051.21 | 11.17% |
1975 | $5,509,433.96 | 12.18% |
1976 | $5,927,223.72 | 7.58% |
1977 | $6,355,795.15 | 7.23% |
1978 | $6,955,974.84 | 9.44% |
1979 | $7,879,604.67 | 13.28% |
1980 | $8,884,097.04 | 12.75% |
1981 | $9,772,686.43 | 10.00% |
1982 | $10,474,393.53 | 7.18% |
1983 | $10,772,686.43 | 2.85% |
1984 | $11,053,908.36 | 2.61% |
1985 | $11,301,886.79 | 2.24% |
1986 | $11,211,141.06 | -0.80% |
1987 | $11,461,814.91 | 2.24% |
1988 | $11,793,351.30 | 2.89% |
1989 | $12,282,120.40 | 4.14% |
1990 | $12,964,061.10 | 5.55% |
1991 | $13,473,495.06 | 3.93% |
1992 | $13,907,457.32 | 3.22% |
1993 | $14,355,795.15 | 3.22% |
1994 | $14,858,041.33 | 3.50% |
1995 | $15,062,893.08 | 1.38% |
1996 | $15,375,561.55 | 2.08% |
1997 | $15,665,768.19 | 1.89% |
1998 | $15,823,000.90 | 1.00% |
1999 | $16,019,766.40 | 1.24% |
2000 | $16,599,281.22 | 3.62% |
2001 | $17,113,207.55 | 3.10% |
2002 | $17,158,131.18 | 0.26% |
2003 | $17,630,727.76 | 2.75% |
2004 | $18,247,079.96 | 3.50% |
2005 | $18,905,660.38 | 3.61% |
2006 | $19,466,307.28 | 2.97% |
2007 | $19,789,236.30 | 1.66% |
2008 | $20,483,342.32 | 3.51% |
2009 | $20,516,154.54 | 0.16% |
2010 | $20,919,092.54 | 1.96% |
2011 | $21,589,901.17 | 3.21% |
2012 | $22,008,679.25 | 1.94% |
2013 | $22,347,035.04 | 1.54% |
2014 | $22,993,827.49 | 2.89% |
2015 | $22,971,994.61 | -0.09% |
2016 | $23,314,501.35 | 1.49% |
2017 | $23,788,840.97 | 2.03% |
2018 | $24,360,458.22 | 2.40% |
2019 | $24,663,180.59 | 1.24% |
2020 | $24,687,717.88 | 0.10% |
2021 | $25,719,128.48 | 4.18% |
2022 | $27,846,370.17 | 8.27% |
2023 | $28,836,684.64 | 3.56% |
2024 | $29,559,901.17 | 2.51%* |
* 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 | 274.168 |