According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $32,814,783.08 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, $6,000,000 in Dallas in the year 1974 would cost $38,814,783.08 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.
Below are calculations of equivalent buying power in Dallas, over time, for $6,000,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1974 | $6,000,000.00 | 9.92% |
| 1975 | $6,554,365.58 | 9.24% |
| 1976 | $6,954,075.15 | 6.10% |
| 1977 | $7,465,964.78 | 7.36% |
| 1978 | $8,049,736.79 | 7.82% |
| 1979 | $9,049,555.27 | 12.42% |
| 1980 | $10,583,045.92 | 16.95% |
| 1981 | $11,825,739.70 | 11.74% |
| 1982 | $12,540,206.93 | 6.04% |
| 1983 | $12,998,729.35 | 3.66% |
| 1984 | $13,609,729.53 | 4.70% |
| 1985 | $14,119,440.91 | 3.75% |
| 1986 | $14,366,672.72 | 1.75% |
| 1987 | $14,724,995.46 | 2.49% |
| 1988 | $15,153,022.33 | 2.91% |
| 1989 | $15,606,099.11 | 2.99% |
| 1990 | $16,311,853.33 | 4.52% |
| 1991 | $17,075,331.28 | 4.68% |
| 1992 | $17,489,199.49 | 2.42% |
| 1993 | $17,927,028.50 | 2.50% |
| 1994 | $18,433,472.50 | 2.83% |
| 1995 | $18,913,777.46 | 2.61% |
| 1996 | $19,431,112.72 | 2.74% |
| 1997 | $19,777,455.07 | 1.78% |
| 1998 | $20,057,360.68 | 1.42% |
| 1999 | $20,623,706.66 | 2.82% |
| 2000 | $21,490,651.66 | 4.20% |
| 2001 | $22,248,683.97 | 3.53% |
| 2002 | $22,551,461.25 | 1.36% |
| 2003 | $23,026,320.57 | 2.11% |
| 2004 | $23,333,454.35 | 1.33% |
| 2005 | $24,087,130.15 | 3.23% |
| 2006 | $24,838,627.70 | 3.12% |
| 2007 | $25,211,610.09 | 1.50% |
| 2008 | $26,365,126.16 | 4.58% |
| 2009 | $26,191,236.16 | -0.66% |
| 2010 | $26,345,391.18 | 0.59% |
| 2011 | $27,143,220.19 | 3.03% |
| 2012 | $27,712,789.98 | 2.10% |
| 2013 | $28,215,530.95 | 1.81% |
| 2014 | $28,550,524.60 | 1.19% |
| 2015 | $28,407,848.97 | -0.50% |
| 2016 | $28,806,251.59 | 1.40% |
| 2017 | $29,540,366.67 | 2.55% |
| 2018 | $30,409,685.97 | 2.94% |
| 2019 | $31,048,153.93 | 2.10% |
| 2020 | $31,240,668.00 | 0.62% |
| 2021 | $32,813,192.96 | 5.03% |
| 2022 | $35,709,072.43 | 8.83% |
| 2023 | $37,590,343.07 | 5.27% |
| 2024 | $38,814,783.08 | 3.26%* |
* 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:
| Year | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 29.500 | 29.533 | 29.850 | 30.883 | 31.833 | 33.150 | 35.242 | 37.433 | 38.583 | 39.708 | 41.767 | 45.908 | 50.150 | 53.208 | 57.125 | 61.592 | 69.242 | 80.975 | 90.483 | 95.950 | 99.458 | 104.133 | 108.033 | 109.925 | 112.667 | 115.942 | 119.408 | 124.808 | 130.650 | 133.817 | 137.167 | 141.042 | 144.717 | 148.675 | 151.325 | 153.467 | 157.800 | 164.433 | 170.233 | 172.550 | 176.183 | 178.533 | 184.300 | 190.050 | 192.904 | 201.730 | 200.399 | 201.579 | 207.683 | 212.041 | 215.888 | 218.451 | 217.359 | 220.408 | 226.025 | 232.676 | 237.561 | 239.035 | 251.066 | 273.224 | 287.618 | 296.987 |