Dallas, Texas prices: $3,600,000 in 1967 $26,179,232.31 in 2018

Inflation in Texas

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Prices in Dallas, 1967-2018 ($3,600,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas were 627.20% higher in 2018 versus 1967 (a $22,579,232.31 difference in value).

Between 1967 and 2018: Dallas experienced an average inflation rate of 3.97% per year. This rate of change indicates significant inflation. In other words, $3,600,000 in Dallas in the year 1967 would cost $26,179,232.31 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 4.03% during this same period, inflation in Dallas was lower.

In the year 1967: Pricing changed by 3.08%, which is below the average yearly change in Dallas during the 1967-2018 time period. Compared to inflation for all items in 1967 (2.80%), 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%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas:

Year 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 29.500 29.533 29.850 30.883 31.833 33.150 35.242 37.433 38.583 39.708 41.767 45.908 50.150 53.208 57.125 61.592 69.242 80.975 90.483 95.950 99.458 104.133 108.033 109.925 112.667 115.942 119.408 124.808 130.650 133.817 137.167 141.042 144.717 148.675 151.325 153.467 157.800 164.433 170.233 172.550 176.183 178.533 184.300 190.050 192.904 201.730 200.399 201.579 207.683 212.041 215.888 218.451 217.359 220.408 226.025 231.492

View price changes for other categories
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Buying power of $3600000 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $3600000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1967 $3,600,000.00 3.08%
1968 $3,748,900.52 4.14%
1969 $3,985,445.03 6.31%
1970 $4,233,298.43 6.22%
1971 $4,363,350.79 3.07%
1972 $4,490,575.92 2.92%
1973 $4,723,350.79 5.18%
1974 $5,191,727.75 9.92%
1975 $5,671,413.61 9.24%
1976 $6,017,277.49 6.10%
1977 $6,460,209.42 7.36%
1978 $6,965,340.31 7.82%
1979 $7,830,471.20 12.42%
1980 $9,157,382.20 16.95%
1981 $10,232,670.16 11.74%
1982 $10,850,890.05 6.04%
1983 $11,247,643.98 3.66%
1984 $11,776,335.08 4.70%
1985 $12,217,382.20 3.75%
1986 $12,431,308.90 1.75%
1987 $12,741,361.26 2.49%
1988 $13,111,727.75 2.91%
1989 $13,503,769.63 2.99%
1990 $14,114,450.26 4.52%
1991 $14,775,078.53 4.68%
1992 $15,133,193.72 2.42%
1993 $15,512,041.88 2.50%
1994 $15,950,261.78 2.83%
1995 $16,365,863.87 2.61%
1996 $16,813,507.85 2.74%
1997 $17,113,193.72 1.78%
1998 $17,355,392.67 1.42%
1999 $17,845,445.03 2.82%
2000 $18,595,602.09 4.20%
2001 $19,251,518.32 3.53%
2002 $19,513,507.85 1.36%
2003 $19,924,397.91 2.11%
2004 $20,190,157.07 1.33%
2005 $20,842,303.66 3.23%
2006 $21,492,565.45 3.12%
2007 $21,815,302.62 1.50%
2008 $22,813,426.18 4.58%
2009 $22,662,961.26 -0.66%
2010 $22,796,349.74 0.59%
2011 $23,486,701.57 3.03%
2012 $23,979,543.46 2.10%
2013 $24,414,559.16 1.81%
2014 $24,704,425.13 1.19%
2015 $24,580,969.63 -0.50%
2016 $24,925,702.62 1.40%
2017 $25,560,923.56 2.55%
2018 $26,179,232.31 2.42%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for Dallas, 1967-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 1967 * 1967 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 31.833 in the year 1967 and 231.492 in 2018:

231.492 / 31.833 * $3,600,000 = $26,179,232.31

Therefore, according to U.S. Bureau of Labor Statistics, $3,600,000 in 1967 has the same "purchasing power" as $26,179,232.31 in 2018 (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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