Dallas, Texas prices: $12,000,000 in 1995 $24,626,354.95 in 2024

Inflation in Texas

$

Prices in Dallas, 1995-2024 ($12,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 105.22% higher in 2024 versus 1995 (a $12,626,354.95 difference in value).

Between 1995 and 2024: Dallas experienced an average inflation rate of 2.51% per year. This rate of change indicates significant inflation. In other words, $12,000,000 in Dallas in the year 1995 would cost $24,626,354.95 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation in Dallas was higher.

In the year 1995: Pricing changed by 2.61%, which is above the average yearly change in Dallas during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), 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
Boston, Massachusetts · Food · Educational books and supplies · Houston, Texas · More

Buying power of $12,000,000.00 since 1995

Below are calculations of equivalent buying power in Dallas, over time, for $12,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$12,000,000.002.61%
1996$12,328,227.572.74%
1997$12,547,967.291.78%
1998$12,725,555.681.42%
1999$13,084,878.502.82%
2000$13,634,918.814.20%
2001$14,115,858.573.53%
2002$14,307,958.081.36%
2003$14,609,236.442.11%
2004$14,804,099.971.33%
2005$15,282,275.713.23%
2006$15,759,069.453.12%
2007$15,995,711.161.50%
2008$16,727,568.814.58%
2009$16,617,242.89-0.66%
2010$16,715,047.790.59%
2011$17,221,236.903.03%
2012$17,582,605.092.10%
2013$17,901,573.191.81%
2014$18,114,112.631.19%
2015$18,023,590.92-0.50%
2016$18,276,360.701.40%
2017$18,742,125.992.55%
2018$19,293,672.692.94%
2019$19,698,753.892.10%
2020$19,820,896.000.62%
2021$20,818,597.265.03%
2022$22,655,911.558.83%
2023$23,849,499.025.27%
2024$24,626,354.953.26%*

* 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 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 144.717 in the year 1995 and 296.987 in 2024:

296.987 / 144.717 * $12,000,000 = $24,626,354.95

Therefore, according to U.S. Bureau of Labor Statistics, $12,000,000 in 1995 has the same "purchasing power" as $24,626,354.95 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.