Dallas, Texas prices: $6,000,000 in 1982 $18,517,206.88 in 2024

Inflation in Texas

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Prices in Dallas, 1982-2024 ($6,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 208.62% higher in 2024 versus 1982 (a $12,517,206.88 difference in value).

Between 1982 and 2024: Dallas experienced an average inflation rate of 2.72% per year. This rate of change indicates significant inflation. In other words, $6,000,000 in Dallas in the year 1982 would cost $18,517,206.88 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.81% during this same period, inflation in Dallas was lower.

In the year 1982: Pricing changed by 6.04%, which is significantly above the average yearly change in Dallas during the 1982-2024 time period. Compared to inflation for all items in 1982 (6.13%), inflation in Dallas was lower.

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 $6,000,000.00 since 1982

Below are calculations of equivalent buying power in Dallas, over time, for $6,000,000 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$6,000,000.006.04%
1983$6,219,385.103.66%
1984$6,511,724.864.70%
1985$6,755,601.883.75%
1986$6,873,892.651.75%
1987$7,045,336.112.49%
1988$7,250,130.282.91%
1989$7,466,909.852.99%
1990$7,804,585.724.52%
1991$8,169,880.154.68%
1992$8,367,899.952.42%
1993$8,577,384.052.50%
1994$8,819,697.762.83%
1995$9,049,504.952.61%
1996$9,297,029.702.74%
1997$9,462,741.011.78%
1998$9,596,664.931.42%
1999$9,867,639.402.82%
2000$10,282,438.774.20%
2001$10,645,127.673.53%
2002$10,789,994.791.36%
2003$11,017,196.462.11%
2004$11,164,147.991.33%
2005$11,524,752.483.23%
2006$11,884,314.753.12%
2007$12,062,772.281.50%
2008$12,614,684.734.58%
2009$12,531,485.15-0.66%
2010$12,605,242.310.59%
2011$12,986,972.383.03%
2012$13,259,489.322.10%
2013$13,500,031.271.81%
2014$13,660,312.661.19%
2015$13,592,047.94-0.50%
2016$13,782,668.061.40%
2017$14,133,913.502.55%
2018$14,549,848.882.94%
2019$14,855,330.902.10%
2020$14,947,441.380.62%
2021$15,699,833.255.03%
2022$17,085,398.658.83%
2023$17,985,513.295.27%
2024$18,517,206.882.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1982 * 1982 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 95.950 in the year 1982 and 296.121 in 2024:

296.121 / 95.950 * $6,000,000 = $18,517,206.88

Therefore, according to U.S. Bureau of Labor Statistics, $6,000,000 in 1982 has the same "purchasing power" as $18,517,206.88 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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