Dallas, Texas prices: $26,000,000 in 1970 $206,277,702.58 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($26,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $180,277,702.58 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, $26,000,000 in Dallas in the year 1970 would cost $206,277,702.58 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
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Buying power of $26,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $26,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$26,000,000.006.22%
1971$26,798,753.343.07%
1972$27,580,142.482.92%
1973$29,009,795.195.18%
1974$31,886,464.839.92%
1975$34,832,591.279.24%
1976$36,956,812.116.10%
1977$39,677,203.927.36%
1978$42,779,608.197.82%
1979$48,093,054.3212.42%
1980$56,242,653.6116.95%
1981$62,846,838.8211.74%
1982$66,643,811.226.04%
1983$69,080,587.713.66%
1984$72,327,693.684.70%
1985$75,036,509.353.75%
1986$76,350,400.711.75%
1987$78,254,674.982.49%
1988$80,529,385.572.91%
1989$82,937,221.732.99%
1990$86,687,889.584.52%
1991$90,745,325.024.68%
1992$92,944,790.742.42%
1993$95,271,593.942.50%
1994$97,963,045.412.83%
1995$100,515,583.262.61%
1996$103,264,915.412.74%
1997$105,105,520.931.78%
1998$106,593,054.321.42%
1999$109,602,849.512.82%
2000$114,210,151.384.20%
2001$118,238,646.483.53%
2002$119,847,729.301.36%
2003$122,371,326.802.11%
2004$124,003,561.891.33%
2005$128,008,904.723.23%
2006$132,002,671.423.12%
2007$133,984,853.071.50%
2008$140,115,111.314.58%
2009$139,190,988.42-0.66%
2010$140,010,231.520.59%
2011$144,250,222.623.03%
2012$147,277,150.492.10%
2013$149,948,922.531.81%
2014$151,729,216.381.19%
2015$150,970,979.52-0.50%
2016$153,088,254.671.40%
2017$156,989,643.812.55%
2018$161,609,563.672.94%
2019$165,002,644.702.10%
2020$166,025,743.540.62%
2021$174,382,787.185.03%
2022$189,772,680.328.83%
2023$199,770,525.385.27%
2024$206,277,702.583.26%*

* 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 * $26,000,000 = $206,277,702.58

Therefore, according to U.S. Bureau of Labor Statistics, $26,000,000 in 1970 has the same "purchasing power" as $206,277,702.58 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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