Dallas, Texas prices: $23,805,659 in 1976 $132,873,382.92 in 2024

Inflation in Texas

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Prices in Dallas, 1976-2024 ($23,805,659)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 458.16% higher in 2024 versus 1976 (a $109,067,723.92 difference in value).

Between 1976 and 2024: Dallas experienced an average inflation rate of 3.65% per year. This rate of change indicates significant inflation. In other words, $23,805,659 in Dallas in the year 1976 would cost $132,873,382.92 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.60% during this same period, inflation in Dallas was higher.

In the year 1976: Pricing changed by 6.10%, which is above the average yearly change in Dallas during the 1976-2024 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%).

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Buying power of $23,805,659.00 since 1976

Below are calculations of equivalent buying power in Dallas, over time, for $23,805,659 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1976$23,805,659.006.10%
1977$25,557,994.127.36%
1978$27,556,401.837.82%
1979$30,979,047.8712.42%
1980$36,228,596.4816.95%
1981$40,482,669.6011.74%
1982$42,928,482.026.04%
1983$44,498,126.893.66%
1984$46,589,743.914.70%
1985$48,334,622.283.75%
1986$49,180,962.861.75%
1987$50,407,597.442.49%
1988$51,872,847.872.91%
1989$53,423,850.872.99%
1990$55,839,836.314.52%
1991$58,453,425.504.68%
1992$59,870,207.082.42%
1993$61,369,012.862.50%
1994$63,102,706.122.83%
1995$64,746,918.432.61%
1996$66,517,895.412.74%
1997$67,703,517.901.78%
1998$68,661,709.651.42%
1999$70,600,463.402.82%
2000$73,568,247.994.20%
2001$76,163,195.313.53%
2002$77,199,682.891.36%
2003$78,825,253.342.11%
2004$79,876,654.411.33%
2005$82,456,688.243.23%
2006$85,029,265.333.12%
2007$86,306,083.811.50%
2008$90,254,877.794.58%
2009$89,659,605.82-0.66%
2010$90,187,319.680.59%
2011$92,918,501.743.03%
2012$94,868,291.472.10%
2013$96,589,308.261.81%
2014$97,736,081.101.19%
2015$97,247,664.29-0.50%
2016$98,611,502.981.40%
2017$101,124,575.252.55%
2018$104,100,487.682.94%
2019$106,286,134.262.10%
2020$106,945,161.400.62%
2021$112,328,334.885.03%
2022$122,241,704.778.83%
2023$128,681,797.325.27%
2024$132,873,382.923.26%*

* 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 1976 * 1976 USD value = 2024 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 296.987 in 2024:

296.987 / 53.208 * $23,805,659 = $132,873,382.92

Therefore, according to U.S. Bureau of Labor Statistics, $23,805,659 in 1976 has the same "purchasing power" as $132,873,382.92 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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