Dallas, Texas prices:$978,000 in 1970$7,922,975.69 in 2026

Inflation in Texas

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Prices in Dallas, 1970-2026 ($978,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 710.12% higher in 2026 versus 1970 (a $6,944,975.69 difference in value).

Between 1970 and 2026:Dallas experienced an average inflation rate of 3.81% per year. This rate of change indicates significant inflation. In other words, $978,000 in Dallas in the year 1970 would cost $7,922,975.69 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.87% 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 1970-2026 time period. Compared to inflation for all items in 1970 (5.84%), 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
Alcoholic beverages · Bananas · Fish and seafood · Wine at home · More

Buying power of $978,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $978,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$978,000.006.22%
1971$1,008,045.413.07%
1972$1,037,437.672.92%
1973$1,091,214.605.18%
1974$1,199,421.649.92%
1975$1,310,241.329.24%
1976$1,390,144.706.10%
1977$1,492,473.297.36%
1978$1,609,171.427.82%
1979$1,809,038.7412.42%
1980$2,115,589.0516.95%
1981$2,364,008.0111.74%
1982$2,506,832.596.04%
1983$2,598,492.883.66%
1984$2,720,634.024.70%
1985$2,822,527.163.75%
1986$2,871,949.691.75%
1987$2,943,579.702.49%
1988$3,029,143.812.91%
1989$3,119,715.492.99%
1990$3,260,798.314.52%
1991$3,413,420.304.68%
1992$3,496,154.052.42%
1993$3,583,677.652.50%
1994$3,684,917.632.83%
1995$3,780,932.322.61%
1996$3,884,349.512.74%
1997$3,953,584.591.78%
1998$4,009,538.741.42%
1999$4,122,753.342.82%
2000$4,296,058.774.20%
2001$4,447,592.163.53%
2002$4,508,118.431.36%
2003$4,603,044.522.11%
2004$4,664,441.671.33%
2005$4,815,104.193.23%
2006$4,965,331.263.12%
2007$5,039,891.781.50%
2008$5,270,483.804.58%
2009$5,235,722.56-0.66%
2010$5,266,538.710.59%
2011$5,426,027.603.03%
2012$5,539,886.662.10%
2013$5,640,386.391.81%
2014$5,707,352.831.19%
2015$5,678,831.46-0.50%
2016$5,758,473.581.40%
2017$5,905,225.832.55%
2018$6,079,005.892.94%
2019$6,206,637.942.10%
2020$6,245,122.200.62%
2021$6,559,475.615.03%
2022$7,138,372.368.83%
2023$7,514,445.155.27%
2024$7,811,472.373.95%
2025$7,924,234.111.44%
2026$7,922,975.69-0.02%*

* 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:

Year1963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.303303.255

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1970* 1970 USD value = 2026 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 303.255 in 2026:

303.255 / 37.433* $978,000 = $7,922,975.69

Therefore, according to U.S. Bureau of Labor Statistics, $978,000 in 1970 has the same "purchasing power" as $7,922,975.69 in 2026 (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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