Dallas, Texas prices: $60,000,000 in 1974 $387,016,010.17 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($60,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 545.03% higher in 2024 versus 1974 (a $327,016,010.17 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, $60,000,000 in Dallas in the year 1974 would cost $387,016,010.17 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.74% 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%).

View price changes for other categories
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Buying power of $60,000,000.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $60,000,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$60,000,000.009.92%
1975$65,543,655.849.24%
1976$69,540,751.506.10%
1977$74,659,647.857.36%
1978$80,497,367.947.82%
1979$90,495,552.7312.42%
1980$105,830,459.2516.95%
1981$118,257,396.9911.74%
1982$125,402,069.346.04%
1983$129,987,293.523.66%
1984$136,097,295.334.70%
1985$141,194,409.153.75%
1986$143,666,727.171.75%
1987$147,249,954.622.49%
1988$151,530,223.272.91%
1989$156,060,991.112.99%
1990$163,118,533.314.52%
1991$170,753,312.764.68%
1992$174,891,994.922.42%
1993$179,270,284.992.50%
1994$184,334,725.002.83%
1995$189,137,774.552.61%
1996$194,311,127.252.74%
1997$197,774,550.741.78%
1998$200,573,606.831.42%
1999$206,237,066.622.82%
2000$214,906,516.614.20%
2001$222,486,839.723.53%
2002$225,514,612.451.36%
2003$230,263,205.662.11%
2004$233,334,543.471.33%
2005$240,871,301.513.23%
2006$248,386,277.003.12%
2007$252,116,100.931.50%
2008$263,651,261.574.58%
2009$261,912,361.59-0.66%
2010$263,453,911.780.59%
2011$271,432,201.853.03%
2012$277,127,899.802.10%
2013$282,155,309.491.81%
2014$285,505,245.961.19%
2015$284,078,489.74-0.50%
2016$288,062,515.881.40%
2017$295,403,666.732.55%
2018$304,096,859.682.94%
2019$310,481,539.302.10%
2020$312,406,679.980.62%
2021$328,131,929.575.03%
2022$357,090,724.278.83%
2023$375,903,430.755.27%
2024$387,016,010.172.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 45.908 * $60,000,000 = $387,016,010.17

Therefore, according to U.S. Bureau of Labor Statistics, $60,000,000 in 1974 has the same "purchasing power" as $387,016,010.17 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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