Dallas, Texas prices: $60,000,000 in 1975 $355,318,444.67 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($60,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $295,318,444.67 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, $60,000,000 in Dallas in the year 1975 would cost $355,318,444.67 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 $60,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $60,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$60,000,000.009.24%
1976$63,659,022.936.10%
1977$68,344,965.107.36%
1978$73,688,933.207.82%
1979$82,841,475.5712.42%
1980$96,879,361.9116.95%
1981$108,255,234.3011.74%
1982$114,795,613.166.04%
1983$118,993,020.943.66%
1984$124,586,241.284.70%
1985$129,252,243.273.75%
1986$131,515,453.641.75%
1987$134,795,613.162.49%
1988$138,713,858.422.91%
1989$142,861,415.752.99%
1990$149,322,033.904.52%
1991$156,311,066.804.68%
1992$160,099,700.902.42%
1993$164,107,676.972.50%
1994$168,743,768.692.83%
1995$173,140,578.272.61%
1996$177,876,370.892.74%
1997$181,046,859.421.78%
1998$183,609,172.481.42%
1999$188,793,619.142.82%
2000$196,729,810.574.20%
2001$203,668,993.023.53%
2002$206,440,677.971.36%
2003$210,787,637.092.11%
2004$213,599,202.391.33%
2005$220,498,504.493.23%
2006$227,377,866.403.12%
2007$230,792,223.331.50%
2008$241,351,744.774.58%
2009$239,759,920.24-0.66%
2010$241,171,086.740.59%
2011$248,474,576.273.03%
2012$253,688,534.402.10%
2013$258,290,727.821.81%
2014$261,357,328.021.19%
2015$260,051,246.26-0.50%
2016$263,698,305.081.40%
2017$270,418,544.372.55%
2018$278,376,470.592.94%
2019$284,221,136.592.10%
2020$285,983,449.650.62%
2021$300,378,664.015.03%
2022$326,888,135.598.83%
2023$344,109,670.995.27%
2024$355,318,444.673.26%*

* 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 * $60,000,000 = $355,318,444.67

Therefore, according to U.S. Bureau of Labor Statistics, $60,000,000 in 1975 has the same "purchasing power" as $355,318,444.67 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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