Houston, Texas prices: $1 in 2016 $1.17 in 2022

Inflation in Texas


Prices in Houston, 2016-2022 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Houston, Texas are 17.45% higher in 2022 versus 2016 (a $0.17 difference in value).

Between 2016 and 2022: Houston experienced an average inflation rate of 2.72% per year. This rate of change indicates significant inflation. In other words, $1 in Houston in the year 2016 would cost $1.17 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.17% during this same period, inflation in Houston was lower.

In the year 2016: Pricing changed by 1.49%, which is below the average yearly change in Houston during the 2016-2022 time period. Compared to inflation for all items in 2016 (1.26%), inflation in Houston was higher.

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
Financial services · College tuition and fees · Legal services · Fresh fruits · More

Buying power of $1.00 since 2016

Below are calculations of equivalent buying power in Houston, over time, for $1 beginning in 2016. 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 2016 * 2016 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Houston, Texas was 216.242 in the year 2016 and 253.974 in 2022:

253.974 / 216.242 * $1 = $1.17

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 2016 has the same "purchasing power" as $1.17 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.

» Read more about inflation and investment.