Houston, Texas prices: $1 in 1970 $7 in 2022

Inflation in Texas

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Prices in Houston, 1970-2022 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 600.14% higher in 2022 versus 1970 (a $6 difference in value).

Between 1970 and 2022: Houston experienced an average inflation rate of 3.81% per year. This rate of change indicates significant inflation. In other words, $1 in Houston in the year 1970 would cost $7 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Houston was lower.

In the year 1970: Pricing changed by 5.30%, which is above the average yearly change in Houston during the 1970-2022 time period. Compared to inflation for all items in 1970 (5.83%), inflation in Houston was lower.

Price Inflation in Houston, Texas since 1914

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1919 (21.91%), 1918 (21.04%), and 1947 (17.55%).

View price changes for other categories
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Buying power of $1.00 since 1970

Below are calculations of equivalent buying power in Houston, over time, for $1 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$1.005.30%
1971$1.043.72%
1972$1.073.46%
1973$1.135.27%
1974$1.2611.17%
1975$1.4112.18%
1976$1.527.58%
1977$1.637.23%
1978$1.789.44%
1979$2.0113.28%
1980$2.2712.75%
1981$2.5010.00%
1982$2.687.18%
1983$2.752.85%
1984$2.832.61%
1985$2.892.24%
1986$2.87-0.80%
1987$2.932.24%
1988$3.022.89%
1989$3.144.14%
1990$3.315.55%
1991$3.443.93%
1992$3.563.22%
1993$3.673.22%
1994$3.803.50%
1995$3.851.38%
1996$3.932.08%
1997$4.011.89%
1998$4.051.00%
1999$4.101.24%
2000$4.243.62%
2001$4.383.10%
2002$4.390.26%
2003$4.512.75%
2004$4.673.50%
2005$4.833.61%
2006$4.982.97%
2007$5.061.66%
2008$5.243.51%
2009$5.250.16%
2010$5.351.96%
2011$5.523.21%
2012$5.631.94%
2013$5.711.54%
2014$5.882.89%
2015$5.87-0.09%
2016$5.961.49%
2017$6.082.03%
2018$6.232.40%
2019$6.311.24%
2020$6.310.10%
2021$6.584.18%
2022$7.006.47%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Houston, Texas:

Year1914191519161917191819191920192119221923192419251926192719281929193019311932193319341935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI9.5009.5009.61711.09213.42516.36719.13317.45015.90815.89215.84216.08316.16715.83315.63315.61715.50814.14212.70811.68312.22512.69212.83313.31713.30813.19213.22513.80015.24216.05016.20016.54217.85020.98322.73322.66723.35025.21725.52525.79225.83325.60025.99226.85027.31727.50827.82527.92528.48328.72529.16729.51730.30031.10032.35034.45036.27537.62538.92540.97545.55051.10054.97558.95064.51773.08382.40090.64297.15099.917102.525104.825103.983106.308109.383113.917120.242124.967128.992133.150137.808139.708142.608145.300146.758148.583153.958158.725159.142163.525169.242175.350180.550183.545189.983190.287194.025200.246204.130207.269213.268213.065216.242220.642225.943228.751228.979238.545253.974

Adjust Houston prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1970 * 1970 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Houston, Texas was 36.275 in the year 1970 and 253.974 in 2022:

253.974 / 36.275 * $1 = $7

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1970 has the same "purchasing power" as $7 in 2022 (in the CPI category of Houston, Texas).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Houston, Texas in 1914. In addition to Houston, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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