Dallas, Texas prices: $10,000,000 in 1980 $36,676,381.60 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($10,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $26,676,381.60 difference in value).

Between 1980 and 2024: Dallas experienced an average inflation rate of 3% per year. This rate of change indicates significant inflation. In other words, $10,000,000 in Dallas in the year 1980 would cost $36,676,381.60 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.06% during this same period, inflation in Dallas was lower.

In the year 1980: Pricing changed by 16.95%, which is significantly above the average yearly change in Dallas during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), inflation in Dallas was much 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 $10,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $10,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$10,000,000.0016.95%
1981$11,174,230.7311.74%
1982$11,849,336.216.04%
1983$12,282,597.513.66%
1984$12,859,936.194.70%
1985$13,341,566.333.75%
1986$13,575,177.521.75%
1987$13,913,759.392.49%
1988$14,318,205.212.91%
1989$14,746,320.882.99%
1990$15,413,193.374.52%
1991$16,134,609.454.68%
1992$16,525,676.652.42%
1993$16,939,384.582.50%
1994$17,417,927.342.83%
1995$17,871,771.122.61%
1996$18,360,605.132.74%
1997$18,687,866.631.78%
1998$18,952,351.551.42%
1999$19,487,496.142.82%
2000$20,306,679.024.20%
2001$21,022,949.473.53%
2002$21,309,046.001.36%
2003$21,757,744.162.11%
2004$22,047,957.191.33%
2005$22,760,111.153.23%
2006$23,470,206.853.12%
2007$23,822,640.731.50%
2008$24,912,606.774.58%
2009$24,748,296.80-0.66%
2010$24,893,959.040.59%
2011$25,647,833.693.03%
2012$26,186,024.492.10%
2013$26,661,068.231.81%
2014$26,977,606.261.19%
2015$26,842,790.98-0.50%
2016$27,219,244.621.40%
2017$27,912,915.512.55%
2018$28,734,341.882.94%
2019$29,337,635.072.10%
2020$29,519,543.070.62%
2021$31,005,433.785.03%
2022$33,741,772.158.83%
2023$35,519,398.995.27%
2024$36,676,381.603.26%*

* 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 1980 * 1980 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 80.975 in the year 1980 and 296.987 in 2024:

296.987 / 80.975 * $10,000,000 = $36,676,381.60

Therefore, according to U.S. Bureau of Labor Statistics, $10,000,000 in 1980 has the same "purchasing power" as $36,676,381.60 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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