Dallas, Texas prices: $12,000,000 in 1990 $28,554,535.62 in 2024

Inflation in Texas

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Prices in Dallas, 1990-2024 ($12,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 137.95% higher in 2024 versus 1990 (a $16,554,535.62 difference in value).

Between 1990 and 2024: Dallas experienced an average inflation rate of 2.58% per year. This rate of change indicates significant inflation. In other words, $12,000,000 in Dallas in the year 1990 would cost $28,554,535.62 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation in Dallas was higher.

In the year 1990: Pricing changed by 4.52%, which is above the average yearly change in Dallas during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), inflation in Dallas was lower.

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 $12,000,000.00 since 1990

Below are calculations of equivalent buying power in Dallas, over time, for $12,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$12,000,000.004.52%
1991$12,561,661.214.68%
1992$12,866,128.062.42%
1993$13,188,221.942.50%
1994$13,560,793.222.83%
1995$13,914,135.012.61%
1996$14,294,718.572.74%
1997$14,549,509.251.78%
1998$14,755,424.981.42%
1999$15,172,063.832.82%
2000$15,809,841.764.20%
2001$16,367,496.833.53%
2002$16,590,238.371.36%
2003$16,939,574.012.11%
2004$17,165,520.461.33%
2005$17,719,970.623.23%
2006$18,272,818.323.12%
2007$18,547,207.051.50%
2008$19,395,804.234.58%
2009$19,267,880.08-0.66%
2010$19,381,285.970.59%
2011$19,968,217.933.03%
2012$20,387,228.422.10%
2013$20,757,075.521.81%
2014$21,003,517.391.19%
2015$20,898,556.45-0.50%
2016$21,191,645.861.40%
2017$21,731,705.952.55%
2018$22,371,230.552.94%
2019$22,840,926.752.10%
2020$22,982,551.910.62%
2021$24,139,397.745.03%
2022$26,269,784.348.83%
2023$27,653,762.445.27%
2024$28,554,535.623.26%*

* 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 1990 * 1990 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 124.808 in the year 1990 and 296.987 in 2024:

296.987 / 124.808 * $12,000,000 = $28,554,535.62

Therefore, according to U.S. Bureau of Labor Statistics, $12,000,000 in 1990 has the same "purchasing power" as $28,554,535.62 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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