Dallas, Texas prices: $24,000,000 in 1968 $215,013,212.67 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($24,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 795.89% higher in 2024 versus 1968 (a $191,013,212.67 difference in value).

Between 1968 and 2024: Dallas experienced an average inflation rate of 3.99% per year. This rate of change indicates significant inflation. In other words, $24,000,000 in Dallas in the year 1968 would cost $215,013,212.67 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.99% during this same period, inflation in Dallas was higher.

In the year 1968: Pricing changed by 4.14%, which is above the average yearly change in Dallas during the 1968-2024 time period. Compared to inflation for all items in 1968 (4.27%), inflation in Dallas was lower.

Price Inflation in Dallas-Fort Worth, Texas since 1963

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (16.95%), 1979 (12.42%), and 1981 (11.74%).

View price changes for other categories
Bananas · Dallas-Fort Worth, Texas · Educational books and supplies · Detroit, Michigan · More

Buying power of $24,000,000.00 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $24,000,000 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$24,000,000.004.14%
1969$25,514,328.816.31%
1970$27,101,055.816.22%
1971$27,933,634.993.07%
1972$28,748,114.632.92%
1973$30,238,310.715.18%
1974$33,236,802.419.92%
1975$36,307,692.319.24%
1976$38,521,870.296.10%
1977$41,357,466.067.36%
1978$44,591,251.897.82%
1979$50,129,713.4212.42%
1980$58,624,434.3916.95%
1981$65,508,295.6311.74%
1982$69,466,063.356.04%
1983$72,006,033.183.66%
1984$75,390,648.574.70%
1985$78,214,177.983.75%
1986$79,583,710.411.75%
1987$81,568,627.452.49%
1988$83,939,668.172.91%
1989$86,449,472.102.99%
1990$90,358,974.364.52%
1991$94,588,235.294.68%
1992$96,880,844.652.42%
1993$99,306,184.012.50%
1994$102,111,613.882.83%
1995$104,772,247.362.61%
1996$107,638,009.052.74%
1997$109,556,561.091.78%
1998$111,107,088.991.42%
1999$114,244,343.892.82%
2000$119,046,757.164.20%
2001$123,245,852.193.53%
2002$124,923,076.921.36%
2003$127,553,544.492.11%
2004$129,254,901.961.33%
2005$133,429,864.253.23%
2006$137,592,760.183.12%
2007$139,658,883.861.50%
2008$146,048,748.114.58%
2009$145,085,490.20-0.66%
2010$145,939,426.850.59%
2011$150,358,974.363.03%
2012$153,514,087.482.10%
2013$156,299,004.521.81%
2014$158,154,690.801.19%
2015$157,364,343.89-0.50%
2016$159,571,282.051.40%
2017$163,637,888.392.55%
2018$168,453,454.002.94%
2019$171,990,226.242.10%
2020$173,056,651.580.62%
2021$181,767,601.815.03%
2022$197,809,230.778.83%
2023$208,230,467.575.27%
2024$215,013,212.673.26%*

* 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 Dallas-Fort Worth, Texas:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1968 * 1968 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 33.150 in the year 1968 and 296.987 in 2024:

296.987 / 33.150 * $24,000,000 = $215,013,212.67

Therefore, according to U.S. Bureau of Labor Statistics, $24,000,000 in 1968 has the same "purchasing power" as $215,013,212.67 in 2024 (in the CPI category of Dallas-Fort Worth, Texas).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dallas-Fort Worth, Texas in 1963. In addition to Dallas, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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