Dallas, Texas prices: $7,000,000 in 1986 $18,912,067.32 in 2024

Inflation in Texas

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Prices in Dallas, 1986-2024 ($7,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 170.17% higher in 2024 versus 1986 (a $11,912,067.32 difference in value).

Between 1986 and 2024: Dallas experienced an average inflation rate of 2.65% per year. This rate of change indicates significant inflation. In other words, $7,000,000 in Dallas in the year 1986 would cost $18,912,067.32 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Dallas was lower.

In the year 1986: Pricing changed by 1.75%, which is below the average yearly change in Dallas during the 1986-2024 time period. Compared to inflation for all items in 1986 (1.90%), 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 $7,000,000.00 since 1986

Below are calculations of equivalent buying power in Dallas, over time, for $7,000,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$7,000,000.001.75%
1987$7,174,588.732.49%
1988$7,383,140.022.91%
1989$7,603,896.602.99%
1990$7,947,767.424.52%
1991$8,319,763.484.68%
1992$8,521,416.122.42%
1993$8,734,743.392.50%
1994$8,981,502.542.83%
1995$9,215,525.742.61%
1996$9,467,591.542.74%
1997$9,636,342.961.78%
1998$9,772,723.831.42%
1999$10,048,669.552.82%
2000$10,471,078.774.20%
2001$10,840,421.503.53%
2002$10,987,946.331.36%
2003$11,219,316.202.11%
2004$11,368,963.691.33%
2005$11,736,183.763.23%
2006$12,102,342.513.12%
2007$12,284,073.991.50%
2008$12,846,111.744.58%
2009$12,761,385.79-0.66%
2010$12,836,496.100.59%
2011$13,225,229.323.03%
2012$13,502,745.812.10%
2013$13,747,700.711.81%
2014$13,910,922.601.19%
2015$13,841,405.50-0.50%
2016$14,035,522.701.40%
2017$14,393,212.042.55%
2018$14,816,778.112.94%
2019$15,127,864.452.10%
2020$15,221,664.770.62%
2021$15,987,859.905.03%
2022$17,398,844.678.83%
2023$18,315,472.675.27%
2024$18,912,067.323.26%*

* 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 1986 * 1986 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 109.925 in the year 1986 and 296.987 in 2024:

296.987 / 109.925 * $7,000,000 = $18,912,067.32

Therefore, according to U.S. Bureau of Labor Statistics, $7,000,000 in 1986 has the same "purchasing power" as $18,912,067.32 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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