Dallas, Texas prices: $44,800,000 in 1970 $355,432,349.07 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($44,800,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $310,632,349.07 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, $44,800,000 in Dallas in the year 1970 would cost $355,432,349.07 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 $44,800,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $44,800,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$44,800,000.006.22%
1971$46,176,313.453.07%
1972$47,522,707.032.92%
1973$49,986,108.645.18%
1974$54,942,831.709.92%
1975$60,019,234.199.24%
1976$63,679,430.106.10%
1977$68,366,874.447.36%
1978$73,712,555.657.82%
1979$82,868,032.0612.42%
1980$96,910,418.5216.95%
1981$108,289,937.6711.74%
1982$114,832,413.186.04%
1983$119,031,166.523.66%
1984$124,626,179.884.70%
1985$129,293,677.653.75%
1986$131,557,613.541.75%
1987$134,838,824.582.49%
1988$138,758,325.912.91%
1989$142,907,212.822.99%
1990$149,369,902.054.52%
1991$156,361,175.424.68%
1992$160,151,024.042.42%
1993$164,160,284.952.50%
1994$168,797,862.872.83%
1995$173,196,081.922.61%
1996$177,933,392.702.74%
1997$181,104,897.601.78%
1998$183,668,032.061.42%
1999$188,854,140.692.82%
2000$196,792,876.224.20%
2001$203,734,283.173.53%
2002$206,506,856.631.36%
2003$210,855,209.262.11%
2004$213,667,675.871.33%
2005$220,569,189.673.23%
2006$227,450,756.903.12%
2007$230,866,208.371.50%
2008$241,429,114.874.58%
2009$239,836,780.05-0.66%
2010$241,248,398.930.59%
2011$248,554,229.743.03%
2012$253,769,859.312.10%
2013$258,373,528.051.81%
2014$261,441,111.311.19%
2015$260,134,610.86-0.50%
2016$263,782,838.821.40%
2017$270,505,232.412.55%
2018$278,465,709.712.94%
2019$284,312,249.332.10%
2020$286,075,127.340.62%
2021$300,474,956.375.03%
2022$326,992,926.098.83%
2023$344,219,982.195.27%
2024$355,432,349.073.26%*

* 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 * $44,800,000 = $355,432,349.07

Therefore, according to U.S. Bureau of Labor Statistics, $44,800,000 in 1970 has the same "purchasing power" as $355,432,349.07 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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