Dallas, Texas prices: $6,000,000 in 1976 $33,489,528.58 in 2024

Inflation in Texas

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Prices in Dallas, 1976-2024 ($6,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 458.16% higher in 2024 versus 1976 (a $27,489,528.58 difference in value).

Between 1976 and 2024: Dallas experienced an average inflation rate of 3.65% per year. This rate of change indicates significant inflation. In other words, $6,000,000 in Dallas in the year 1976 would cost $33,489,528.58 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.60% during this same period, inflation in Dallas was higher.

In the year 1976: Pricing changed by 6.10%, which is above the average yearly change in Dallas during the 1976-2024 time period. Compared to inflation for all items in 1976 (5.75%), 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 $6,000,000.00 since 1976

Below are calculations of equivalent buying power in Dallas, over time, for $6,000,000 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1976$6,000,000.006.10%
1977$6,441,660.147.36%
1978$6,945,340.647.82%
1979$7,807,987.4712.42%
1980$9,131,088.4916.95%
1981$10,203,288.9611.74%
1982$10,819,733.756.04%
1983$11,215,348.473.66%
1984$11,742,521.534.70%
1985$12,182,302.273.75%
1986$12,395,614.721.75%
1987$12,704,776.822.49%
1988$13,074,079.872.91%
1989$13,464,996.082.99%
1990$14,073,923.264.52%
1991$14,732,654.664.68%
1992$15,089,741.582.42%
1993$15,467,501.962.50%
1994$15,904,463.592.83%
1995$16,318,872.362.61%
1996$16,765,231.012.74%
1997$17,064,056.381.78%
1998$17,305,559.911.42%
1999$17,794,205.172.82%
2000$18,542,208.304.20%
2001$19,196,241.193.53%
2002$19,457,478.471.36%
2003$19,867,188.722.11%
2004$20,132,184.811.33%
2005$20,782,458.893.23%
2006$21,430,853.563.12%
2007$21,752,664.061.50%
2008$22,747,921.694.58%
2009$22,597,888.80-0.66%
2010$22,730,894.280.59%
2011$23,419,263.903.03%
2012$23,910,690.682.10%
2013$24,344,457.321.81%
2014$24,633,490.991.19%
2015$24,510,389.98-0.50%
2016$24,854,133.121.40%
2017$25,487,530.152.55%
2018$26,237,581.832.94%
2019$26,788,454.192.10%
2020$26,954,555.990.62%
2021$28,311,335.945.03%
2022$30,809,910.738.83%
2023$32,433,077.535.27%
2024$33,489,528.583.26%*

* 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 1976 * 1976 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 53.208 in the year 1976 and 296.987 in 2024:

296.987 / 53.208 * $6,000,000 = $33,489,528.58

Therefore, according to U.S. Bureau of Labor Statistics, $6,000,000 in 1976 has the same "purchasing power" as $33,489,528.58 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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