Dallas, Texas prices: $14,200,000 in 1974 $91,861,653.29 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($14,200,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $77,661,653.29 difference in value).

Between 1974 and 2024: Dallas experienced an average inflation rate of 3.80% per year. This rate of change indicates significant inflation. In other words, $14,200,000 in Dallas in the year 1974 would cost $91,861,653.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.75% during this same period, inflation in Dallas was higher.

In the year 1974: Pricing changed by 9.92%, which is significantly above the average yearly change in Dallas during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), 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%).

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Buying power of $14,200,000.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $14,200,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$14,200,000.009.92%
1975$15,511,998.559.24%
1976$16,457,977.856.10%
1977$17,669,449.997.36%
1978$19,051,043.757.82%
1979$21,417,280.8112.42%
1980$25,046,542.0216.95%
1981$27,987,583.9511.74%
1982$29,678,489.746.04%
1983$30,763,659.473.66%
1984$32,209,693.234.70%
1985$33,416,010.173.75%
1986$34,001,125.431.75%
1987$34,849,155.932.49%
1988$35,862,152.842.91%
1989$36,934,434.562.99%
1990$38,604,719.554.52%
1991$40,411,617.354.68%
1992$41,391,105.462.42%
1993$42,427,300.782.50%
1994$43,625,884.922.83%
1995$44,762,606.642.61%
1996$45,986,966.782.74%
1997$46,806,643.671.78%
1998$47,469,086.951.42%
1999$48,809,439.102.82%
2000$50,861,208.934.20%
2001$52,655,218.733.53%
2002$53,371,791.611.36%
2003$54,495,625.342.11%
2004$55,222,508.621.33%
2005$57,006,208.023.23%
2006$58,784,752.223.12%
2007$59,667,477.221.50%
2008$62,397,465.244.58%
2009$61,985,925.58-0.66%
2010$62,350,759.120.59%
2011$64,238,954.443.03%
2012$65,586,936.292.10%
2013$66,776,756.581.81%
2014$67,569,574.881.19%
2015$67,231,909.24-0.50%
2016$68,174,795.431.40%
2017$69,912,201.132.55%
2018$71,969,590.132.94%
2019$73,480,630.972.10%
2020$73,936,247.590.62%
2021$77,657,890.005.03%
2022$84,511,471.418.83%
2023$88,963,811.945.27%
2024$91,861,653.293.26%*

* 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 1974 * 1974 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 45.908 in the year 1974 and 296.987 in 2024:

296.987 / 45.908 * $14,200,000 = $91,861,653.29

Therefore, according to U.S. Bureau of Labor Statistics, $14,200,000 in 1974 has the same "purchasing power" as $91,861,653.29 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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