Houston, Texas prices: $1,200,000 in 2015 $1,430,402.19 in 2022

Inflation in Texas


Prices in Houston, 2015-2022 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 19.20% higher in 2022 versus 2015 (a $230,402.19 difference in value).

Between 2015 and 2022: Houston experienced an average inflation rate of 2.54% per year. This rate of change indicates significant inflation. In other words, $1,200,000 in Houston in the year 2015 would cost $1,430,402.19 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.84% during this same period, inflation in Houston was lower.

In the year 2015: Pricing changed by -0.09%, which is below the average yearly change in Houston during the 2015-2022 time period. Compared to inflation for all items in 2015 (0.12%), 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%).

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Buying power of $1,200,000.00 since 2015

Below are calculations of equivalent buying power in Houston, over time, for $1,200,000 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
* Not final. See inflation summary for latest details.

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


Adjust Houston prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2015 * 2015 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Houston, Texas was 213.065 in the year 2015 and 253.974 in 2022:

253.974 / 213.065 * $1,200,000 = $1,430,402.19

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 2015 has the same "purchasing power" as $1,430,402.19 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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