Dallas, Texas prices: $20,000,000 in 1972 $149,584,218.26 in 2024

Inflation in Texas

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Prices in Dallas, 1972-2024 ($20,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 647.92% higher in 2024 versus 1972 (a $129,584,218.26 difference in value).

Between 1972 and 2024: Dallas experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, $20,000,000 in Dallas in the year 1972 would cost $149,584,218.26 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Dallas was higher.

In the year 1972: Pricing changed by 2.92%, which is below the average yearly change in Dallas during the 1972-2024 time period. Compared to inflation for all items in 1972 (3.27%), 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
Fish and seafood · New trucks · Dallas-Fort Worth, Texas · Food · More

Buying power of $20,000,000.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $20,000,000 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$20,000,000.002.92%
1973$21,036,726.135.18%
1974$23,122,770.209.92%
1975$25,259,181.539.24%
1976$26,799,580.276.10%
1977$28,772,298.017.36%
1978$31,022,035.687.82%
1979$34,875,131.1612.42%
1980$40,784,889.8216.95%
1981$45,573,976.9211.74%
1982$48,327,387.206.04%
1983$50,094,438.613.66%
1984$52,449,108.084.70%
1985$54,413,431.273.75%
1986$55,366,211.961.75%
1987$56,747,114.382.49%
1988$58,396,642.182.91%
1989$60,142,707.242.99%
1990$62,862,539.354.52%
1991$65,804,826.864.68%
1992$67,399,790.142.42%
1993$69,087,093.392.50%
1994$71,038,824.762.83%
1995$72,889,821.622.61%
1996$74,883,525.712.74%
1997$76,218,258.131.78%
1998$77,296,956.981.42%
1999$79,479,538.302.82%
2000$82,820,566.634.20%
2001$85,741,867.793.53%
2002$86,908,709.341.36%
2003$88,738,719.832.11%
2004$89,922,350.471.33%
2005$92,826,862.543.23%
2006$95,722,980.063.12%
2007$97,160,377.751.50%
2008$101,605,792.244.58%
2009$100,935,655.82-0.66%
2010$101,529,737.670.59%
2011$104,604,407.143.03%
2012$106,799,412.382.10%
2013$108,736,873.031.81%
2014$110,027,869.881.19%
2015$109,478,027.28-0.50%
2016$111,013,389.301.40%
2017$113,842,518.362.55%
2018$117,192,696.752.94%
2019$119,653,221.412.10%
2020$120,395,131.160.62%
2021$126,455,320.045.03%
2022$137,615,445.968.83%
2023$144,865,477.445.27%
2024$149,584,218.263.26%*

* 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 1972 * 1972 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 39.708 in the year 1972 and 296.987 in 2024:

296.987 / 39.708 * $20,000,000 = $149,584,218.26

Therefore, according to U.S. Bureau of Labor Statistics, $20,000,000 in 1972 has the same "purchasing power" as $149,584,218.26 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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