Dallas, Texas prices: $32,000,000 in 1970 $253,880,249.33 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($32,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $221,880,249.33 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, $32,000,000 in Dallas in the year 1970 would cost $253,880,249.33 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 $32,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $32,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$32,000,000.006.22%
1971$32,983,081.033.07%
1972$33,944,790.742.92%
1973$35,704,363.315.18%
1974$39,244,879.799.92%
1975$42,870,881.579.24%
1976$45,485,307.216.10%
1977$48,833,481.757.36%
1978$52,651,825.477.82%
1979$59,191,451.4712.42%
1980$69,221,727.5216.95%
1981$77,349,955.4811.74%
1982$82,023,152.276.04%
1983$85,022,261.803.66%
1984$89,018,699.914.70%
1985$92,352,626.893.75%
1986$93,969,723.951.75%
1987$96,313,446.132.49%
1988$99,113,089.942.91%
1989$102,076,580.592.99%
1990$106,692,787.184.52%
1991$111,686,553.874.68%
1992$114,393,588.602.42%
1993$117,257,346.392.50%
1994$120,569,902.052.83%
1995$123,711,487.092.61%
1996$127,095,280.502.74%
1997$129,360,641.141.78%
1998$131,191,451.471.42%
1999$134,895,814.782.82%
2000$140,566,340.164.20%
2001$145,524,487.983.53%
2002$147,504,897.601.36%
2003$150,610,863.762.11%
2004$152,619,768.481.33%
2005$157,549,421.193.23%
2006$162,464,826.363.12%
2007$164,904,434.551.50%
2008$172,449,367.764.58%
2009$171,311,985.75-0.66%
2010$172,320,284.950.59%
2011$177,538,735.533.03%
2012$181,264,185.222.10%
2013$184,552,520.041.81%
2014$186,743,650.931.19%
2015$185,810,436.33-0.50%
2016$188,416,313.451.40%
2017$193,218,023.152.55%
2018$198,904,078.362.94%
2019$203,080,178.092.10%
2020$204,339,376.670.62%
2021$214,624,968.835.03%
2022$233,566,375.788.83%
2023$245,871,415.855.27%
2024$253,880,249.333.26%*

* 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 * $32,000,000 = $253,880,249.33

Therefore, according to U.S. Bureau of Labor Statistics, $32,000,000 in 1970 has the same "purchasing power" as $253,880,249.33 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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