Dallas, Texas prices: $4,000,000 in 1975 $23,687,896.31 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($4,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $19,687,896.31 difference in value).

Between 1975 and 2024: Dallas experienced an average inflation rate of 3.70% per year. This rate of change indicates significant inflation. In other words, $4,000,000 in Dallas in the year 1975 would cost $23,687,896.31 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.64% during this same period, inflation in Dallas was higher.

In the year 1975: Pricing changed by 9.24%, which is significantly above the average yearly change in Dallas during the 1975-2024 time period. Compared to inflation for all items in 1975 (9.14%), 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 $4,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $4,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$4,000,000.009.24%
1976$4,243,934.866.10%
1977$4,556,331.017.36%
1978$4,912,595.557.82%
1979$5,522,765.0412.42%
1980$6,458,624.1316.95%
1981$7,217,015.6211.74%
1982$7,653,040.886.04%
1983$7,932,868.063.66%
1984$8,305,749.424.70%
1985$8,616,816.223.75%
1986$8,767,696.911.75%
1987$8,986,374.212.49%
1988$9,247,590.562.91%
1989$9,524,094.382.99%
1990$9,954,802.264.52%
1991$10,420,737.794.68%
1992$10,673,313.392.42%
1993$10,940,511.802.50%
1994$11,249,584.582.83%
1995$11,542,705.222.61%
1996$11,858,424.732.74%
1997$12,069,790.631.78%
1998$12,240,611.501.42%
1999$12,586,241.282.82%
2000$13,115,320.704.20%
2001$13,577,932.873.53%
2002$13,762,711.861.36%
2003$14,052,509.142.11%
2004$14,239,946.831.33%
2005$14,699,900.303.23%
2006$15,158,524.433.12%
2007$15,386,148.221.50%
2008$16,090,116.324.58%
2009$15,983,994.68-0.66%
2010$16,078,072.450.59%
2011$16,564,971.753.03%
2012$16,912,568.962.10%
2013$17,219,381.851.81%
2014$17,423,821.871.19%
2015$17,336,749.75-0.50%
2016$17,579,887.011.40%
2017$18,027,902.962.55%
2018$18,558,431.372.94%
2019$18,948,075.772.10%
2020$19,065,563.310.62%
2021$20,025,244.275.03%
2022$21,792,542.378.83%
2023$22,940,644.735.27%
2024$23,687,896.313.26%*

* 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 1975 * 1975 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 50.150 in the year 1975 and 296.987 in 2024:

296.987 / 50.150 * $4,000,000 = $23,687,896.31

Therefore, according to U.S. Bureau of Labor Statistics, $4,000,000 in 1975 has the same "purchasing power" as $23,687,896.31 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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