Dallas, Texas prices: $250,000 in 1978 $1,205,467.46 in 2024

Inflation in Texas

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Prices in Dallas, 1978-2024 ($250,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 382.19% higher in 2024 versus 1978 (a $955,467.46 difference in value).

Between 1978 and 2024: Dallas experienced an average inflation rate of 3.48% per year. This rate of change indicates significant inflation. In other words, $250,000 in Dallas in the year 1978 would cost $1,205,467.46 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.45% during this same period, inflation in Dallas was higher.

In the year 1978: Pricing changed by 7.82%, which is significantly above the average yearly change in Dallas during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), 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 $250,000.00 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $250,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$250,000.007.82%
1979$281,051.2812.42%
1980$328,676.7716.95%
1981$367,271.0111.74%
1982$389,460.156.04%
1983$403,700.453.66%
1984$422,676.234.70%
1985$438,506.293.75%
1986$446,184.551.75%
1987$457,312.952.49%
1988$470,606.142.91%
1989$484,677.312.99%
1990$506,595.864.52%
1991$530,307.134.68%
1992$543,160.602.42%
1993$556,758.222.50%
1994$572,486.812.83%
1995$587,403.602.61%
1996$603,470.442.74%
1997$614,226.761.78%
1998$622,919.771.42%
1999$640,508.732.82%
2000$667,433.364.20%
2001$690,975.513.53%
2002$700,378.841.36%
2003$715,126.512.11%
2004$724,665.131.33%
2005$748,071.983.23%
2006$771,411.183.12%
2007$782,994.861.50%
2008$818,819.514.58%
2009$813,419.02-0.66%
2010$818,206.600.59%
2011$842,984.713.03%
2012$860,673.792.10%
2013$876,287.381.81%
2014$886,691.251.19%
2015$882,260.18-0.50%
2016$894,633.341.40%
2017$917,432.692.55%
2018$944,431.062.94%
2019$964,259.912.10%
2020$970,238.800.62%
2021$1,019,076.585.03%
2022$1,109,013.678.83%
2023$1,167,440.135.27%
2024$1,205,467.463.26%*

* 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 1978 * 1978 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 61.592 in the year 1978 and 296.987 in 2024:

296.987 / 61.592 * $250,000 = $1,205,467.46

Therefore, according to U.S. Bureau of Labor Statistics, $250,000 in 1978 has the same "purchasing power" as $1,205,467.46 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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