Dallas, Texas prices: $9,000,000 in 1975 $53,297,766.70 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($9,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $44,297,766.70 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, $9,000,000 in Dallas in the year 1975 would cost $53,297,766.70 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 $9,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $9,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$9,000,000.009.24%
1976$9,548,853.446.10%
1977$10,251,744.777.36%
1978$11,053,339.987.82%
1979$12,426,221.3412.42%
1980$14,531,904.2916.95%
1981$16,238,285.1411.74%
1982$17,219,341.976.04%
1983$17,848,953.143.66%
1984$18,687,936.194.70%
1985$19,387,836.493.75%
1986$19,727,318.051.75%
1987$20,219,341.972.49%
1988$20,807,078.762.91%
1989$21,429,212.362.99%
1990$22,398,305.084.52%
1991$23,446,660.024.68%
1992$24,014,955.132.42%
1993$24,616,151.552.50%
1994$25,311,565.302.83%
1995$25,971,086.742.61%
1996$26,681,455.632.74%
1997$27,157,028.911.78%
1998$27,541,375.871.42%
1999$28,319,042.872.82%
2000$29,509,471.594.20%
2001$30,550,348.953.53%
2002$30,966,101.691.36%
2003$31,618,145.562.11%
2004$32,039,880.361.33%
2005$33,074,775.673.23%
2006$34,106,679.963.12%
2007$34,618,833.501.50%
2008$36,202,761.714.58%
2009$35,963,988.04-0.66%
2010$36,175,663.010.59%
2011$37,271,186.443.03%
2012$38,053,280.162.10%
2013$38,743,609.171.81%
2014$39,203,599.201.19%
2015$39,007,686.94-0.50%
2016$39,554,745.761.40%
2017$40,562,781.662.55%
2018$41,756,470.592.94%
2019$42,633,170.492.10%
2020$42,897,517.450.62%
2021$45,056,799.605.03%
2022$49,033,220.348.83%
2023$51,616,450.655.27%
2024$53,297,766.703.26%*

* 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 * $9,000,000 = $53,297,766.70

Therefore, according to U.S. Bureau of Labor Statistics, $9,000,000 in 1975 has the same "purchasing power" as $53,297,766.70 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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