Dallas, Texas prices: $42,000,000 in 1997 $82,187,887 in 2024

Inflation in Texas

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Prices in Dallas, 1997-2024 ($42,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 95.69% higher in 2024 versus 1997 (a $40,187,887 difference in value).

Between 1997 and 2024: Dallas experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, $42,000,000 in Dallas in the year 1997 would cost $82,187,887 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation in Dallas was higher.

In the year 1997: Pricing changed by 1.78%, which is below the average yearly change in Dallas during the 1997-2024 time period. Compared to inflation for all items in 1997 (2.33%), 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 $42,000,000.00 since 1997

Below are calculations of equivalent buying power in Dallas, over time, for $42,000,000 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$42,000,000.001.78%
1998$42,594,415.991.42%
1999$43,797,125.392.82%
2000$45,638,195.944.20%
2001$47,247,976.213.53%
2002$47,890,963.161.36%
2003$48,899,388.732.11%
2004$49,551,627.291.33%
2005$51,152,155.963.23%
2006$52,748,058.813.12%
2007$53,540,135.471.50%
2008$55,989,776.974.58%
2009$55,620,498.93-0.66%
2010$55,947,867.170.59%
2011$57,642,160.913.03%
2012$58,851,716.502.10%
2013$59,919,352.391.81%
2014$60,630,755.001.19%
2015$60,327,764.74-0.50%
2016$61,173,824.551.40%
2017$62,732,813.482.55%
2018$64,578,926.152.94%
2019$65,934,795.972.10%
2020$66,343,624.650.62%
2021$69,683,086.075.03%
2022$75,832,863.048.83%
2023$79,827,986.125.27%
2024$82,187,887.002.96%*

* 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 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 151.325 in the year 1997 and 296.121 in 2024:

296.121 / 151.325 * $42,000,000 = $82,187,887

Therefore, according to U.S. Bureau of Labor Statistics, $42,000,000 in 1997 has the same "purchasing power" as $82,187,887 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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