Dallas, Texas prices: $1,000,000,000 in 1975 $5,921,974,077.77 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($1,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $4,921,974,077.77 difference in value).

Between 1975 and 2024: Dallas experienced an average inflation rate of 3.70% per year. This rate of change indicates significant inflation. In other words, $1,000,000,000 in Dallas in the year 1975 would cost $5,921,974,077.77 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.64% during this same period, inflation in Dallas was higher.

In the year 1975: Pricing changed by 9.24%, which is significantly above the average yearly change in Dallas during the 1975-2024 time period. Compared to inflation for all items in 1975 (9.14%), inflation in Dallas was higher.

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 $1,000,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $1,000,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$1,000,000,000.009.24%
1976$1,060,983,715.526.10%
1977$1,139,082,751.747.36%
1978$1,228,148,886.677.82%
1979$1,380,691,259.5512.42%
1980$1,614,656,031.9016.95%
1981$1,804,253,904.9511.74%
1982$1,913,260,219.346.04%
1983$1,983,217,015.623.66%
1984$2,076,437,354.604.70%
1985$2,154,204,054.503.75%
1986$2,191,924,227.321.75%
1987$2,246,593,552.682.49%
1988$2,311,897,640.412.91%
1989$2,381,023,595.882.99%
1990$2,488,700,564.974.52%
1991$2,605,184,446.664.68%
1992$2,668,328,348.292.42%
1993$2,735,127,949.482.50%
1994$2,812,396,144.902.83%
1995$2,885,676,304.422.61%
1996$2,964,606,181.462.74%
1997$3,017,447,657.031.78%
1998$3,060,152,874.711.42%
1999$3,146,560,319.042.82%
2000$3,278,830,176.144.20%
2001$3,394,483,217.023.53%
2002$3,440,677,966.101.36%
2003$3,513,127,284.812.11%
2004$3,559,986,706.551.33%
2005$3,674,975,074.783.23%
2006$3,789,631,106.683.12%
2007$3,846,537,055.501.50%
2008$4,022,529,079.434.58%
2009$3,995,998,670.65-0.66%
2010$4,019,518,112.330.59%
2011$4,141,242,937.853.03%
2012$4,228,142,239.952.10%
2013$4,304,845,463.611.81%
2014$4,355,955,466.931.19%
2015$4,334,187,437.69-0.50%
2016$4,394,971,751.411.40%
2017$4,506,975,739.452.55%
2018$4,639,607,843.142.94%
2019$4,737,018,943.172.10%
2020$4,766,390,827.520.62%
2021$5,006,311,066.805.03%
2022$5,448,135,593.228.83%
2023$5,735,161,183.125.27%
2024$5,921,974,077.773.26%*

* 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 1975 * 1975 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 50.150 in the year 1975 and 296.987 in 2024:

296.987 / 50.150 * $1,000,000,000 = $5,921,974,077.77

Therefore, according to U.S. Bureau of Labor Statistics, $1,000,000,000 in 1975 has the same "purchasing power" as $5,921,974,077.77 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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