Dallas, Texas prices: $14,200,000 in 1970 $112,659,360.64 in 2024

Inflation in Texas

$

Prices in Dallas, 1970-2024 ($14,200,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $98,459,360.64 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, $14,200,000 in Dallas in the year 1970 would cost $112,659,360.64 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% 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 1970-2024 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
Frankfurters · Philadelphia, Pennsylvania · Parking fees and tolls · Dallas-Fort Worth, Texas · More

Buying power of $14,200,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $14,200,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$14,200,000.006.22%
1971$14,636,242.213.07%
1972$15,063,000.892.92%
1973$15,843,811.225.18%
1974$17,414,915.419.92%
1975$19,023,953.709.24%
1976$20,184,105.086.10%
1977$21,669,857.527.36%
1978$23,364,247.557.82%
1979$26,266,206.5912.42%
1980$30,717,141.5916.95%
1981$34,324,042.7411.74%
1982$36,397,773.826.04%
1983$37,728,628.673.66%
1984$39,502,048.094.70%
1985$40,981,478.183.75%
1986$41,699,065.001.75%
1987$42,739,091.722.49%
1988$43,981,433.662.91%
1989$45,296,482.642.99%
1990$47,344,924.314.52%
1991$49,560,908.284.68%
1992$50,762,154.942.42%
1993$52,032,947.462.50%
1994$53,502,894.032.83%
1995$54,896,972.402.61%
1996$56,398,530.722.74%
1997$57,403,784.511.78%
1998$58,216,206.591.42%
1999$59,860,017.812.82%
2000$62,376,313.454.20%
2001$64,576,491.543.53%
2002$65,455,298.311.36%
2003$66,833,570.792.11%
2004$67,725,022.261.33%
2005$69,912,555.653.23%
2006$72,093,766.703.12%
2007$73,176,342.831.50%
2008$76,524,406.954.58%
2009$76,019,693.68-0.66%
2010$76,467,126.450.59%
2011$78,782,813.893.03%
2012$80,435,982.192.10%
2013$81,895,180.771.81%
2014$82,867,495.101.19%
2015$82,453,381.12-0.50%
2016$83,609,739.091.40%
2017$85,740,497.772.55%
2018$88,263,684.772.94%
2019$90,116,829.032.10%
2020$90,675,598.400.62%
2021$95,239,829.925.03%
2022$103,645,079.258.83%
2023$109,105,440.785.27%
2024$112,659,360.643.26%*

* 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 1970 * 1970 USD value = 2024 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 296.987 in 2024:

296.987 / 37.433 * $14,200,000 = $112,659,360.64

Therefore, according to U.S. Bureau of Labor Statistics, $14,200,000 in 1970 has the same "purchasing power" as $112,659,360.64 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.