Dallas, Texas prices: $6,000,000 in 1973 $42,663,735.04 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($6,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 611.06% higher in 2024 versus 1973 (a $36,663,735.04 difference in value).

Between 1973 and 2024: Dallas experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, $6,000,000 in Dallas in the year 1973 would cost $42,663,735.04 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.89% during this same period, inflation in Dallas was higher.

In the year 1973: Pricing changed by 5.18%, which is above the average yearly change in Dallas during the 1973-2024 time period. Compared to inflation for all items in 1973 (6.18%), inflation in Dallas was lower.

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
Parking fees and tolls · Rent of primary residence · New trucks · Wireless telephone services · More

Buying power of $6,000,000.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $6,000,000 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$6,000,000.005.18%
1974$6,594,972.079.92%
1975$7,204,309.669.24%
1976$7,643,655.236.10%
1977$8,206,304.877.36%
1978$8,847,964.887.82%
1979$9,946,927.3712.42%
1980$11,632,482.0416.95%
1981$12,998,403.8311.74%
1982$13,783,719.076.04%
1983$14,287,709.503.66%
1984$14,959,297.694.70%
1985$15,519,553.073.75%
1986$15,791,300.881.75%
1987$16,185,155.632.49%
1988$16,655,626.502.91%
1989$17,153,631.282.99%
1990$17,929,369.514.52%
1991$18,768,555.474.68%
1992$19,223,463.692.42%
1993$19,704,708.702.50%
1994$20,261,372.712.83%
1995$20,789,305.672.61%
1996$21,357,940.942.74%
1997$21,738,627.291.78%
1998$22,046,288.911.42%
1999$22,668,794.892.82%
2000$23,621,707.904.20%
2001$24,454,908.223.53%
2002$24,787,709.501.36%
2003$25,309,656.822.11%
2004$25,647,246.611.33%
2005$26,475,658.423.23%
2006$27,301,675.983.12%
2007$27,711,644.051.50%
2008$28,979,545.094.58%
2009$28,788,411.81-0.66%
2010$28,957,853.150.59%
2011$29,834,796.493.03%
2012$30,460,845.972.10%
2013$31,013,439.741.81%
2014$31,381,652.041.19%
2015$31,224,828.41-0.50%
2016$31,662,737.431.40%
2017$32,469,648.842.55%
2018$33,425,171.592.94%
2019$34,126,951.322.10%
2020$34,338,555.470.62%
2021$36,067,015.165.03%
2022$39,250,055.878.83%
2023$41,317,877.095.27%
2024$42,663,735.043.26%*

* 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 1973 * 1973 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 41.767 in the year 1973 and 296.987 in 2024:

296.987 / 41.767 * $6,000,000 = $42,663,735.04

Therefore, according to U.S. Bureau of Labor Statistics, $6,000,000 in 1973 has the same "purchasing power" as $42,663,735.04 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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