Dallas, Texas prices: $250,000,000 in 1971 $1,924,321,814.25 in 2024

Inflation in Texas

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Prices in Dallas, 1971-2024 ($250,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 669.73% higher in 2024 versus 1971 (a $1,674,321,814.25 difference in value).

Between 1971 and 2024: Dallas experienced an average inflation rate of 3.93% per year. This rate of change indicates significant inflation. In other words, $250,000,000 in Dallas in the year 1971 would cost $1,924,321,814.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation in Dallas was higher.

In the year 1971: Pricing changed by 3.07%, which is below the average yearly change in Dallas during the 1971-2024 time period. Compared to inflation for all items in 1971 (4.30%), inflation in Dallas was lower.

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 $250,000,000.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $250,000,000 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$250,000,000.003.07%
1972$257,289,416.852.92%
1973$270,626,349.895.18%
1974$297,462,203.029.92%
1975$324,946,004.329.24%
1976$344,762,419.016.10%
1977$370,140,388.777.36%
1978$399,082,073.437.82%
1979$448,650,107.9912.42%
1980$524,676,025.9216.95%
1981$586,285,097.1911.74%
1982$621,706,263.506.04%
1983$644,438,444.923.66%
1984$674,730,021.604.70%
1985$700,000,000.003.75%
1986$712,257,019.441.75%
1987$730,021,598.272.49%
1988$751,241,900.652.91%
1989$773,704,103.672.99%
1990$808,693,304.544.52%
1991$846,544,276.464.68%
1992$867,062,634.992.42%
1993$888,768,898.492.50%
1994$913,876,889.852.83%
1995$937,688,984.882.61%
1996$963,336,933.052.74%
1997$980,507,559.401.78%
1998$994,384,449.241.42%
1999$1,022,462,203.022.82%
2000$1,065,442,764.584.20%
2001$1,103,023,758.103.53%
2002$1,118,034,557.241.36%
2003$1,141,576,673.872.11%
2004$1,156,803,455.721.33%
2005$1,194,168,466.523.23%
2006$1,231,425,485.963.12%
2007$1,249,916,846.651.50%
2008$1,307,104,751.624.58%
2009$1,298,483,801.30-0.66%
2010$1,306,126,349.890.59%
2011$1,345,680,345.573.03%
2012$1,373,917,926.572.10%
2013$1,398,842,332.611.81%
2014$1,415,450,323.971.19%
2015$1,408,376,889.85-0.50%
2016$1,428,128,509.721.40%
2017$1,464,523,758.102.55%
2018$1,507,622,030.242.94%
2019$1,539,275,377.972.10%
2020$1,548,819,654.430.62%
2021$1,626,780,777.545.03%
2022$1,770,349,892.018.83%
2023$1,863,617,710.585.27%
2024$1,924,321,814.253.26%*

* 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 1971 * 1971 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 38.583 in the year 1971 and 296.987 in 2024:

296.987 / 38.583 * $250,000,000 = $1,924,321,814.25

Therefore, according to U.S. Bureau of Labor Statistics, $250,000,000 in 1971 has the same "purchasing power" as $1,924,321,814.25 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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