Dallas, Texas prices: $2,000,000 in 1975 $11,843,948.16 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($2,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $9,843,948.16 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, $2,000,000 in Dallas in the year 1975 would cost $11,843,948.16 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
Bread · Admission to sporting events · Women's apparel · Juices and nonalcoholic drinks · More

Buying power of $2,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $2,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$2,000,000.009.24%
1976$2,121,967.436.10%
1977$2,278,165.507.36%
1978$2,456,297.777.82%
1979$2,761,382.5212.42%
1980$3,229,312.0616.95%
1981$3,608,507.8111.74%
1982$3,826,520.446.04%
1983$3,966,434.033.66%
1984$4,152,874.714.70%
1985$4,308,408.113.75%
1986$4,383,848.451.75%
1987$4,493,187.112.49%
1988$4,623,795.282.91%
1989$4,762,047.192.99%
1990$4,977,401.134.52%
1991$5,210,368.894.68%
1992$5,336,656.702.42%
1993$5,470,255.902.50%
1994$5,624,792.292.83%
1995$5,771,352.612.61%
1996$5,929,212.362.74%
1997$6,034,895.311.78%
1998$6,120,305.751.42%
1999$6,293,120.642.82%
2000$6,557,660.354.20%
2001$6,788,966.433.53%
2002$6,881,355.931.36%
2003$7,026,254.572.11%
2004$7,119,973.411.33%
2005$7,349,950.153.23%
2006$7,579,262.213.12%
2007$7,693,074.111.50%
2008$8,045,058.164.58%
2009$7,991,997.34-0.66%
2010$8,039,036.220.59%
2011$8,282,485.883.03%
2012$8,456,284.482.10%
2013$8,609,690.931.81%
2014$8,711,910.931.19%
2015$8,668,374.88-0.50%
2016$8,789,943.501.40%
2017$9,013,951.482.55%
2018$9,279,215.692.94%
2019$9,474,037.892.10%
2020$9,532,781.660.62%
2021$10,012,622.135.03%
2022$10,896,271.198.83%
2023$11,470,322.375.27%
2024$11,843,948.163.26%*

* 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 * $2,000,000 = $11,843,948.16

Therefore, according to U.S. Bureau of Labor Statistics, $2,000,000 in 1975 has the same "purchasing power" as $11,843,948.16 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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