Dallas, Texas prices: $55,000,000 in 1978 $265,202,841.29 in 2024

Inflation in Texas

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Prices in Dallas, 1978-2024 ($55,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 382.19% higher in 2024 versus 1978 (a $210,202,841.29 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, $55,000,000 in Dallas in the year 1978 would cost $265,202,841.29 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 $55,000,000.00 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $55,000,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$55,000,000.007.82%
1979$61,831,281.2912.42%
1980$72,308,889.1916.95%
1981$80,799,621.1611.74%
1982$85,681,233.936.04%
1983$88,814,098.233.66%
1984$92,988,770.134.70%
1985$96,471,384.123.75%
1986$98,160,600.731.75%
1987$100,608,848.602.49%
1988$103,533,351.372.91%
1989$106,629,008.252.99%
1990$111,451,089.164.52%
1991$116,667,568.664.68%
1992$119,495,332.162.42%
1993$122,486,808.282.50%
1994$125,947,097.822.83%
1995$129,228,791.772.61%
1996$132,763,496.142.74%
1997$135,129,887.701.78%
1998$137,042,348.801.42%
1999$140,911,919.902.82%
2000$146,835,340.284.20%
2001$152,014,612.373.53%
2002$154,083,344.611.36%
2003$157,327,831.152.11%
2004$159,426,329.321.33%
2005$164,575,835.483.23%
2006$169,710,458.673.12%
2007$172,258,868.891.50%
2008$180,140,292.254.58%
2009$178,952,185.09-0.66%
2010$180,005,452.580.59%
2011$185,456,636.453.03%
2012$189,348,234.342.10%
2013$192,783,222.841.81%
2014$195,072,074.141.19%
2015$194,097,239.89-0.50%
2016$196,819,334.331.40%
2017$201,835,191.452.55%
2018$207,774,834.262.94%
2019$212,137,180.352.10%
2020$213,452,536.870.62%
2021$224,196,847.525.03%
2022$243,983,006.368.83%
2023$256,836,828.585.27%
2024$265,202,841.293.26%*

* 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 * $55,000,000 = $265,202,841.29

Therefore, according to U.S. Bureau of Labor Statistics, $55,000,000 in 1978 has the same "purchasing power" as $265,202,841.29 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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