Dallas, Texas prices: $4,000,000 in 1979 $17,156,548.32 in 2024

Inflation in Texas

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Prices in Dallas, 1979-2024 ($4,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 328.91% higher in 2024 versus 1979 (a $13,156,548.32 difference in value).

Between 1979 and 2024: Dallas experienced an average inflation rate of 3.29% per year. This rate of change indicates significant inflation. In other words, $4,000,000 in Dallas in the year 1979 would cost $17,156,548.32 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.28% during this same period, inflation in Dallas was higher.

In the year 1979: Pricing changed by 12.42%, which is significantly above the average yearly change in Dallas during the 1979-2024 time period. Compared to inflation for all items in 1979 (11.26%), 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 1979

Below are calculations of equivalent buying power in Dallas, over time, for $4,000,000 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$4,000,000.0012.42%
1980$4,677,819.2316.95%
1981$5,227,103.1411.74%
1982$5,542,905.286.04%
1983$5,745,577.093.66%
1984$6,015,645.694.70%
1985$6,240,943.563.75%
1986$6,350,222.651.75%
1987$6,508,605.132.49%
1988$6,697,797.572.91%
1989$6,898,062.342.99%
1990$7,210,013.244.52%
1991$7,547,478.644.68%
1992$7,730,412.812.42%
1993$7,923,937.902.50%
1994$8,147,791.552.83%
1995$8,360,091.472.61%
1996$8,588,759.182.74%
1997$8,741,846.191.78%
1998$8,865,567.461.42%
1999$9,115,898.422.82%
2000$9,499,097.364.20%
2001$9,834,155.733.53%
2002$9,967,986.521.36%
2003$10,177,879.412.11%
2004$10,313,635.821.33%
2005$10,646,768.563.23%
2006$10,978,938.503.12%
2007$11,143,800.701.50%
2008$11,653,667.114.58%
2009$11,576,805.87-0.66%
2010$11,644,944.040.59%
2011$11,997,592.973.03%
2012$12,249,348.902.10%
2013$12,471,565.771.81%
2014$12,619,636.541.19%
2015$12,556,572.39-0.50%
2016$12,732,670.601.40%
2017$13,057,157.302.55%
2018$13,441,405.702.94%
2019$13,723,615.362.10%
2020$13,808,708.630.62%
2021$14,503,781.445.03%
2022$15,783,791.078.83%
2023$16,615,332.775.27%
2024$17,156,548.323.26%*

* 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 1979 * 1979 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 69.242 in the year 1979 and 296.987 in 2024:

296.987 / 69.242 * $4,000,000 = $17,156,548.32

Therefore, according to U.S. Bureau of Labor Statistics, $4,000,000 in 1979 has the same "purchasing power" as $17,156,548.32 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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