Dallas, Texas prices: $1,200,000 in 2000 $2,161,028.99 in 2024

Inflation in Texas

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Prices in Dallas, 2000-2024 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 80.09% higher in 2024 versus 2000 (a $961,028.99 difference in value).

Between 2000 and 2024: Dallas experienced an average inflation rate of 2.48% per year. This rate of change indicates significant inflation. In other words, $1,200,000 in Dallas in the year 2000 would cost $2,161,028.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.47% during this same period, inflation in Dallas was higher.

In the year 2000: Pricing changed by 4.20%, which is above the average yearly change in Dallas during the 2000-2024 time period. Compared to inflation for all items in 2000 (3.38%), 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 $1,200,000.00 since 2000

Below are calculations of equivalent buying power in Dallas, over time, for $1,200,000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$1,200,000.004.20%
2001$1,242,327.183.53%
2002$1,259,233.731.36%
2003$1,285,749.042.11%
2004$1,302,898.841.33%
2005$1,344,982.773.23%
2006$1,386,945.063.12%
2007$1,407,771.741.50%
2008$1,472,182.044.58%
2009$1,462,472.33-0.66%
2010$1,471,080.070.59%
2011$1,515,629.433.03%
2012$1,547,433.202.10%
2013$1,575,505.371.81%
2014$1,594,210.831.19%
2015$1,586,244.07-0.50%
2016$1,608,490.171.40%
2017$1,649,481.862.55%
2018$1,698,023.112.94%
2019$1,733,674.032.10%
2020$1,744,423.680.62%
2021$1,832,230.695.03%
2022$1,993,931.488.83%
2023$2,098,978.315.27%
2024$2,161,028.992.96%*

* 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 2000 * 2000 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 164.433 in the year 2000 and 296.121 in 2024:

296.121 / 164.433 * $1,200,000 = $2,161,028.99

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 2000 has the same "purchasing power" as $2,161,028.99 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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