Dallas, Texas prices: $3,600,000 in 1970 $28,561,528.05 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($3,600,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $24,961,528.05 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, $3,600,000 in Dallas in the year 1970 would cost $28,561,528.05 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
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Buying power of $3,600,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $3,600,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$3,600,000.006.22%
1971$3,710,596.623.07%
1972$3,818,788.962.92%
1973$4,016,740.875.18%
1974$4,415,048.989.92%
1975$4,822,974.189.24%
1976$5,117,097.066.10%
1977$5,493,766.707.36%
1978$5,923,330.377.82%
1979$6,659,038.2912.42%
1980$7,787,444.3516.95%
1981$8,701,869.9911.74%
1982$9,227,604.636.04%
1983$9,565,004.453.66%
1984$10,014,603.744.70%
1985$10,389,670.533.75%
1986$10,571,593.941.75%
1987$10,835,262.692.49%
1988$11,150,222.622.91%
1989$11,483,615.322.99%
1990$12,002,938.564.52%
1991$12,564,737.314.68%
1992$12,869,278.722.42%
1993$13,191,451.472.50%
1994$13,564,113.982.83%
1995$13,917,542.302.61%
1996$14,298,219.062.74%
1997$14,553,072.131.78%
1998$14,759,038.291.42%
1999$15,175,779.162.82%
2000$15,813,713.274.20%
2001$16,371,504.903.53%
2002$16,594,300.981.36%
2003$16,943,722.172.11%
2004$17,169,723.951.33%
2005$17,724,309.883.23%
2006$18,277,292.973.12%
2007$18,551,748.891.50%
2008$19,400,553.874.58%
2009$19,272,598.40-0.66%
2010$19,386,032.060.59%
2011$19,973,107.753.03%
2012$20,392,220.842.10%
2013$20,762,158.501.81%
2014$21,008,660.731.19%
2015$20,903,674.09-0.50%
2016$21,196,835.261.40%
2017$21,737,027.602.55%
2018$22,376,708.822.94%
2019$22,846,520.042.10%
2020$22,988,179.880.62%
2021$24,145,308.995.03%
2022$26,276,217.288.83%
2023$27,660,534.285.27%
2024$28,561,528.053.26%*

* 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 * $3,600,000 = $28,561,528.05

Therefore, according to U.S. Bureau of Labor Statistics, $3,600,000 in 1970 has the same "purchasing power" as $28,561,528.05 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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