Dallas, Texas prices: $21,000,000 in 1970 $166,608,913.62 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($21,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $145,608,913.62 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, $21,000,000 in Dallas in the year 1970 would cost $166,608,913.62 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
Educational books and supplies · Women's apparel · Dallas-Fort Worth, Texas · Film and photographic supplies · More

Buying power of $21,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $21,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$21,000,000.006.22%
1971$21,645,146.933.07%
1972$22,276,268.922.92%
1973$23,430,988.425.18%
1974$25,754,452.369.92%
1975$28,134,016.039.24%
1976$29,849,732.866.10%
1977$32,046,972.407.36%
1978$34,552,760.467.82%
1979$38,844,390.0312.42%
1980$45,426,758.6816.95%
1981$50,760,908.2811.74%
1982$53,827,693.686.04%
1983$55,795,859.313.66%
1984$58,418,521.824.70%
1985$60,606,411.403.75%
1986$61,667,631.341.75%
1987$63,205,699.022.49%
1988$65,042,965.272.91%
1989$66,987,756.012.99%
1990$70,017,141.594.52%
1991$73,294,300.984.68%
1992$75,070,792.522.42%
1993$76,950,133.572.50%
1994$79,123,998.222.83%
1995$81,185,663.402.61%
1996$83,406,277.832.74%
1997$84,892,920.751.78%
1998$86,094,390.031.42%
1999$88,525,378.452.82%
2000$92,246,660.734.20%
2001$95,500,445.243.53%
2002$96,800,089.051.36%
2003$98,838,379.342.11%
2004$100,156,723.061.33%
2005$103,391,807.663.23%
2006$106,617,542.303.12%
2007$108,218,535.171.50%
2008$113,169,897.604.58%
2009$112,423,490.65-0.66%
2010$113,085,187.000.59%
2011$116,509,795.193.03%
2012$118,954,621.552.10%
2013$121,112,591.271.81%
2014$122,550,520.931.19%
2015$121,938,098.84-0.50%
2016$123,648,205.701.40%
2017$126,799,327.692.55%
2018$130,530,801.422.94%
2019$133,271,366.872.10%
2020$134,097,715.940.62%
2021$140,847,635.805.03%
2022$153,277,934.118.83%
2023$161,353,116.655.27%
2024$166,608,913.623.26%*

* 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 * $21,000,000 = $166,608,913.62

Therefore, according to U.S. Bureau of Labor Statistics, $21,000,000 in 1970 has the same "purchasing power" as $166,608,913.62 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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