Dallas, Texas prices: $4,000,000 in 1980 $14,670,552.64 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($4,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $10,670,552.64 difference in value).

Between 1980 and 2024: Dallas experienced an average inflation rate of 3% per year. This rate of change indicates significant inflation. In other words, $4,000,000 in Dallas in the year 1980 would cost $14,670,552.64 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.06% during this same period, inflation in Dallas was lower.

In the year 1980: Pricing changed by 16.95%, which is significantly above the average yearly change in Dallas during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), inflation in Dallas was much 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 1980

Below are calculations of equivalent buying power in Dallas, over time, for $4,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$4,000,000.0016.95%
1981$4,469,692.2911.74%
1982$4,739,734.496.04%
1983$4,913,039.003.66%
1984$5,143,974.484.70%
1985$5,336,626.533.75%
1986$5,430,071.011.75%
1987$5,565,503.762.49%
1988$5,727,282.082.91%
1989$5,898,528.352.99%
1990$6,165,277.354.52%
1991$6,453,843.784.68%
1992$6,610,270.662.42%
1993$6,775,753.832.50%
1994$6,967,170.942.83%
1995$7,148,708.452.61%
1996$7,344,242.052.74%
1997$7,475,146.651.78%
1998$7,580,940.621.42%
1999$7,794,998.462.82%
2000$8,122,671.614.20%
2001$8,409,179.793.53%
2002$8,523,618.401.36%
2003$8,703,097.662.11%
2004$8,819,182.881.33%
2005$9,104,044.463.23%
2006$9,388,082.743.12%
2007$9,529,056.291.50%
2008$9,965,042.714.58%
2009$9,899,318.72-0.66%
2010$9,957,583.620.59%
2011$10,259,133.483.03%
2012$10,474,409.802.10%
2013$10,664,427.291.81%
2014$10,791,042.501.19%
2015$10,737,116.39-0.50%
2016$10,887,697.851.40%
2017$11,165,166.202.55%
2018$11,493,736.752.94%
2019$11,735,054.032.10%
2020$11,807,817.230.62%
2021$12,402,173.515.03%
2022$13,496,708.868.83%
2023$14,207,759.605.27%
2024$14,670,552.643.26%*

* 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 1980 * 1980 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 80.975 in the year 1980 and 296.987 in 2024:

296.987 / 80.975 * $4,000,000 = $14,670,552.64

Therefore, according to U.S. Bureau of Labor Statistics, $4,000,000 in 1980 has the same "purchasing power" as $14,670,552.64 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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