Dallas, Texas prices: $9,700,000 in 1976 $54,141,404.54 in 2024

Inflation in Texas

$

Prices in Dallas, 1976-2024 ($9,700,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 458.16% higher in 2024 versus 1976 (a $44,441,404.54 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, $9,700,000 in Dallas in the year 1976 would cost $54,141,404.54 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
Educational books and supplies · New York · Detroit, Michigan · New cars · More

Buying power of $9,700,000.00 since 1976

Below are calculations of equivalent buying power in Dallas, over time, for $9,700,000 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1976$9,700,000.006.10%
1977$10,414,017.237.36%
1978$11,228,300.707.82%
1979$12,622,913.0812.42%
1980$14,761,926.3916.95%
1981$16,495,317.1511.74%
1982$17,491,902.906.04%
1983$18,131,480.033.66%
1984$18,983,743.154.70%
1985$19,694,722.003.75%
1986$20,039,577.131.75%
1987$20,539,389.192.49%
1988$21,136,429.132.91%
1989$21,768,410.342.99%
1990$22,752,842.604.52%
1991$23,817,791.704.68%
1992$24,395,082.222.42%
1993$25,005,794.832.50%
1994$25,712,216.132.83%
1995$26,382,176.982.61%
1996$27,103,790.132.74%
1997$27,586,891.151.78%
1998$27,977,321.851.42%
1999$28,767,298.362.82%
2000$29,976,570.094.20%
2001$31,033,923.263.53%
2002$31,456,256.851.36%
2003$32,118,621.772.11%
2004$32,547,032.111.33%
2005$33,598,308.543.23%
2006$34,646,546.593.12%
2007$35,166,806.891.50%
2008$36,775,806.734.58%
2009$36,533,253.56-0.66%
2010$36,748,279.090.59%
2011$37,861,143.303.03%
2012$38,655,616.602.10%
2013$39,356,872.671.81%
2014$39,824,143.771.19%
2015$39,625,130.46-0.50%
2016$40,180,848.551.40%
2017$41,204,840.412.55%
2018$42,417,423.962.94%
2019$43,308,000.942.10%
2020$43,576,532.180.62%
2021$45,769,993.115.03%
2022$49,809,355.688.83%
2023$52,433,475.335.27%
2024$54,141,404.543.26%*

* 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 * $9,700,000 = $54,141,404.54

Therefore, according to U.S. Bureau of Labor Statistics, $9,700,000 in 1976 has the same "purchasing power" as $54,141,404.54 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.

» Read more about inflation and investment.