Dallas, Texas prices: $10,000,000 in 1966 $96,164,166.22 in 2024

Inflation in Texas

$

Prices in Dallas, 1966-2024 ($10,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $86,164,166.22 difference in value).

Between 1966 and 2024: Dallas experienced an average inflation rate of 3.98% per year. This rate of change indicates significant inflation. In other words, $10,000,000 in Dallas in the year 1966 would cost $96,164,166.22 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.97% during this same period, inflation in Dallas was higher.

In the year 1966: Pricing changed by 3.46%, which is below the average yearly change in Dallas during the 1966-2024 time period. Compared to inflation for all items in 1966 (3%), 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
Seattle, Washington · Legal services · Medical care · Fresh fruits · More

Buying power of $10,000,000.00 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $10,000,000 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$10,000,000.003.46%
1967$10,307,609.283.08%
1968$10,733,944.954.14%
1969$11,411,225.046.31%
1970$12,120,885.056.22%
1971$12,493,254.183.07%
1972$12,857,528.332.92%
1973$13,524,015.115.18%
1974$14,865,083.659.92%
1975$16,238,532.119.24%
1976$17,228,818.136.10%
1977$18,497,031.847.36%
1978$19,943,335.137.82%
1979$22,420,399.3512.42%
1980$26,219,643.8216.95%
1981$29,298,434.9711.74%
1982$31,068,537.516.04%
1983$32,204,533.193.66%
1984$33,718,294.664.70%
1985$34,981,111.713.75%
1986$35,593,631.951.75%
1987$36,481,381.542.49%
1988$37,541,824.072.91%
1989$38,664,328.122.99%
1990$40,412,844.044.52%
1991$42,304,371.294.68%
1992$43,329,735.562.42%
1993$44,414,463.032.50%
1994$45,669,185.112.83%
1995$46,859,147.332.61%
1996$48,140,852.672.74%
1997$48,998,920.671.78%
1998$49,692,390.721.42%
1999$51,095,520.782.82%
2000$53,243,389.104.20%
2001$55,121,424.723.53%
2002$55,871,559.631.36%
2003$57,048,030.222.11%
2004$57,808,958.451.33%
2005$59,676,200.763.23%
2006$61,538,046.413.12%
2007$62,462,115.491.50%
2008$65,319,967.624.58%
2009$64,889,152.73-0.66%
2010$65,271,073.930.59%
2011$67,247,706.423.03%
2012$68,658,823.532.10%
2013$69,904,371.291.81%
2014$70,734,322.721.19%
2015$70,380,841.88-0.50%
2016$71,367,889.911.40%
2017$73,186,670.262.55%
2018$75,340,420.942.94%
2019$76,922,234.212.10%
2020$77,399,190.500.62%
2021$81,295,143.015.03%
2022$88,469,724.778.83%
2023$93,130,599.035.27%
2024$96,164,166.223.26%*

* 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 1966 * 1966 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 30.883 in the year 1966 and 296.987 in 2024:

296.987 / 30.883 * $10,000,000 = $96,164,166.22

Therefore, according to U.S. Bureau of Labor Statistics, $10,000,000 in 1966 has the same "purchasing power" as $96,164,166.22 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.

» Read more about inflation and investment.