Dallas, Texas prices: $1,400,000 in 1976 $7,093,208.46 in 2022

Inflation in Texas

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Prices in Dallas, 1976-2022 ($1,400,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 406.66% higher in 2022 versus 1976 (a $5,693,208.46 difference in value).

Between 1976 and 2022: Dallas experienced an average inflation rate of 3.59% per year. This rate of change indicates significant inflation. In other words, $1,400,000 in Dallas in the year 1976 would cost $7,093,208.46 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.60% during this same period, inflation in Dallas was lower.

In the year 1976: Pricing changed by 6.10%, which is above the average yearly change in Dallas during the 1976-2022 time period. Compared to inflation for all items in 1976 (5.75%), 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 $1,400,000.00 since 1976

Below are calculations of equivalent buying power in Dallas, over time, for $1,400,000 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1976$1,400,000.006.10%
1977$1,503,054.037.36%
1978$1,620,579.487.82%
1979$1,821,863.7412.42%
1980$2,130,587.3116.95%
1981$2,380,767.4211.74%
1982$2,524,604.546.04%
1983$2,616,914.643.66%
1984$2,739,921.694.70%
1985$2,842,537.203.75%
1986$2,892,310.101.75%
1987$2,964,447.922.49%
1988$3,050,618.642.91%
1989$3,141,832.422.99%
1990$3,283,915.434.52%
1991$3,437,619.424.68%
1992$3,520,939.702.42%
1993$3,609,083.792.50%
1994$3,711,041.502.83%
1995$3,807,736.882.61%
1996$3,911,887.242.74%
1997$3,981,613.161.78%
1998$4,037,963.981.42%
1999$4,151,981.212.82%
2000$4,326,515.274.20%
2001$4,479,122.943.53%
2002$4,540,078.311.36%
2003$4,635,677.372.11%
2004$4,697,509.791.33%
2005$4,849,240.413.23%
2006$5,000,532.503.12%
2007$5,075,621.611.50%
2008$5,307,848.394.58%
2009$5,272,840.72-0.66%
2010$5,303,875.330.59%
2011$5,464,494.913.03%
2012$5,579,161.162.10%
2013$5,680,373.381.81%
2014$5,747,814.571.19%
2015$5,719,090.99-0.50%
2016$5,799,297.731.40%
2017$5,947,090.372.55%
2018$6,122,102.432.94%
2019$6,250,639.312.10%
2020$6,289,396.400.62%
2021$6,605,978.395.03%
2022$7,093,208.467.38%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.562239.034251.066269.584

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1976 * 1976 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 53.208 in the year 1976 and 269.584 in 2022:

269.584 / 53.208 * $1,400,000 = $7,093,208.46

Therefore, according to U.S. Bureau of Labor Statistics, $1,400,000 in 1976 has the same "purchasing power" as $7,093,208.46 in 2022 (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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