Dallas, Texas prices: $20,000,000 in 1991 $45,330,424.80 in 2024

Inflation in Texas

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Prices in Dallas, 1991-2024 ($20,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 126.65% higher in 2024 versus 1991 (a $25,330,424.80 difference in value).

Between 1991 and 2024: Dallas experienced an average inflation rate of 2.51% per year. This rate of change indicates significant inflation. In other words, $20,000,000 in Dallas in the year 1991 would cost $45,330,424.80 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation in Dallas was lower.

In the year 1991: Pricing changed by 4.68%, which is above the average yearly change in Dallas during the 1991-2024 time period. Compared to inflation for all items in 1991 (4.23%), 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 $20,000,000.00 since 1991

Below are calculations of equivalent buying power in Dallas, over time, for $20,000,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$20,000,000.004.68%
1992$20,484,755.712.42%
1993$20,997,576.222.50%
1994$21,590,764.132.83%
1995$22,153,335.882.61%
1996$22,759,280.522.74%
1997$23,164,944.511.78%
1998$23,492,792.451.42%
1999$24,156,142.372.82%
2000$25,171,578.014.20%
2001$26,059,446.363.53%
2002$26,414,083.431.36%
2003$26,970,276.822.11%
2004$27,330,016.581.33%
2005$28,212,782.243.23%
2006$29,092,996.563.12%
2007$29,529,863.501.50%
2008$30,880,954.204.58%
2009$30,677,280.27-0.66%
2010$30,857,839.010.59%
2011$31,792,320.453.03%
2012$32,459,446.362.10%
2013$33,048,296.981.81%
2014$33,440,668.451.19%
2015$33,273,555.30-0.50%
2016$33,740,196.451.40%
2017$34,600,051.032.55%
2018$35,618,267.642.94%
2019$36,366,092.612.10%
2020$36,591,580.560.62%
2021$38,433,448.145.03%
2022$41,825,334.868.83%
2023$44,028,830.215.27%
2024$45,330,424.802.96%*

* 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 1991 * 1991 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 130.650 in the year 1991 and 296.121 in 2024:

296.121 / 130.650 * $20,000,000 = $45,330,424.80

Therefore, according to U.S. Bureau of Labor Statistics, $20,000,000 in 1991 has the same "purchasing power" as $45,330,424.80 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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