Dallas, Texas prices: $445,000 in 1970 $2,766,009.84 in 2018

Inflation in Texas

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Prices in Dallas, 1970-2018 ($445,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas were 521.58% higher in 2018 versus 1970 (a $2,321,009.84 difference in value).

Between 1970 and 2018: Dallas experienced an average inflation rate of 3.88% per year. This rate of change indicates significant inflation. In other words, $445,000 in Dallas in the year 1970 would cost $2,766,009.84 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.97% during this same period, inflation in Dallas was lower.

In the year 1970: Pricing changed by 6.22%, which is above the average yearly change in Dallas during the 1970-2018 time period. Compared to inflation for all items in 1970 (5.83%), 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 $445,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $445,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$445,000.006.22%
1971$458,670.973.07%
1972$472,044.752.92%
1973$496,513.805.18%
1974$545,749.119.92%
1975$596,173.209.24%
1976$632,530.056.10%
1977$679,090.617.36%
1978$732,189.457.82%
1979$823,131.1212.42%
1980$962,614.6516.95%
1981$1,075,647.8211.74%
1982$1,140,634.466.04%
1983$1,182,340.833.66%
1984$1,237,916.304.70%
1985$1,284,278.723.75%
1986$1,306,766.471.75%
1987$1,339,358.862.49%
1988$1,378,291.412.91%
1989$1,419,502.452.99%
1990$1,483,696.574.52%
1991$1,553,141.144.68%
1992$1,590,785.842.42%
1993$1,630,609.972.50%
1994$1,676,675.202.83%
1995$1,720,362.872.61%
1996$1,767,418.742.74%
1997$1,798,921.421.78%
1998$1,824,381.121.42%
1999$1,875,894.922.82%
2000$1,954,750.674.20%
2001$2,023,699.913.53%
2002$2,051,239.981.36%
2003$2,094,432.322.11%
2004$2,122,368.661.33%
2005$2,190,921.643.23%
2006$2,259,276.493.12%
2007$2,293,202.291.50%
2008$2,398,124.024.58%
2009$2,382,307.30-0.66%
2010$2,396,328.960.59%
2011$2,468,898.043.03%
2012$2,520,705.082.10%
2013$2,566,433.481.81%
2014$2,596,903.901.19%
2015$2,583,926.38-0.50%
2016$2,620,164.361.40%
2017$2,686,938.132.55%
2018$2,766,009.842.94%
2019$2,824,083.732.10%
2020$2,841,594.460.62%
2021$2,984,628.475.03%
2022$3,248,032.418.83%
2023$3,419,149.385.27%
2024$3,520,227.382.96%*

* 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 2018 / CPI in 1970 * 1970 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 37.433 in the year 1970 and 232.676 in 2018:

232.676 / 37.433 * $445,000 = $2,766,009.84

Therefore, according to U.S. Bureau of Labor Statistics, $445,000 in 1970 has the same "purchasing power" as $2,766,009.84 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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