Dallas, Texas prices: $14,000,000 in 1970 $111,072,609.08 in 2024

Inflation in Texas

$

Prices in Dallas, 1970-2024 ($14,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $97,072,609.08 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, $14,000,000 in Dallas in the year 1970 would cost $111,072,609.08 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Dallas was lower.

In the year 1970: Pricing changed by 6.22%, which is above the average yearly change in Dallas during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), inflation in Dallas was higher.

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
Rent of primary residence · Admission to sporting events · Legal services · Dallas-Fort Worth, Texas · More

Buying power of $14,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $14,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$14,000,000.006.22%
1971$14,430,097.953.07%
1972$14,850,845.952.92%
1973$15,620,658.955.18%
1974$17,169,634.919.92%
1975$18,756,010.699.24%
1976$19,899,821.916.10%
1977$21,364,648.267.36%
1978$23,035,173.647.82%
1979$25,896,260.0212.42%
1980$30,284,505.7916.95%
1981$33,840,605.5211.74%
1982$35,885,129.126.04%
1983$37,197,239.543.66%
1984$38,945,681.214.70%
1985$40,404,274.273.75%
1986$41,111,754.231.75%
1987$42,137,132.682.49%
1988$43,361,976.852.91%
1989$44,658,504.012.99%
1990$46,678,094.394.52%
1991$48,862,867.324.68%
1992$50,047,195.012.42%
1993$51,300,089.052.50%
1994$52,749,332.152.83%
1995$54,123,775.602.61%
1996$55,604,185.222.74%
1997$56,595,280.501.78%
1998$57,396,260.021.42%
1999$59,016,918.972.82%
2000$61,497,773.824.20%
2001$63,666,963.493.53%
2002$64,533,392.701.36%
2003$65,892,252.892.11%
2004$66,771,148.711.33%
2005$68,927,871.773.23%
2006$71,078,361.533.12%
2007$72,145,690.121.50%
2008$75,446,598.404.58%
2009$74,948,993.77-0.66%
2010$75,390,124.670.59%
2011$77,673,196.793.03%
2012$79,303,081.032.10%
2013$80,741,727.521.81%
2014$81,700,347.281.19%
2015$81,292,065.89-0.50%
2016$82,432,137.131.40%
2017$84,532,885.132.55%
2018$87,020,534.282.94%
2019$88,847,577.922.10%
2020$89,398,477.290.62%
2021$93,898,423.865.03%
2022$102,185,289.408.83%
2023$107,568,744.435.27%
2024$111,072,609.083.26%*

* 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 1970 * 1970 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 37.433 in the year 1970 and 296.987 in 2024:

296.987 / 37.433 * $14,000,000 = $111,072,609.08

Therefore, according to U.S. Bureau of Labor Statistics, $14,000,000 in 1970 has the same "purchasing power" as $111,072,609.08 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.

» Read more about inflation and investment.