Dallas, Texas prices: $6,000,000 in 1966 $57,698,499.73 in 2024

Inflation in Texas

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Prices in Dallas, 1966-2024 ($6,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $51,698,499.73 difference in value).

Between 1966 and 2024: Dallas experienced an average inflation rate of 3.98% per year. This rate of change indicates significant inflation. In other words, $6,000,000 in Dallas in the year 1966 would cost $57,698,499.73 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.97% during this same period, inflation in Dallas was higher.

In the year 1966: Pricing changed by 3.46%, which is below the average yearly change in Dallas during the 1966-2024 time period. Compared to inflation for all items in 1966 (3%), 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
Wine at home · Televisions · Gasoline (all types) · Hospital services · More

Buying power of $6,000,000.00 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $6,000,000 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$6,000,000.003.46%
1967$6,184,565.573.08%
1968$6,440,366.974.14%
1969$6,846,735.026.31%
1970$7,272,531.036.22%
1971$7,495,952.513.07%
1972$7,714,517.002.92%
1973$8,114,409.075.18%
1974$8,919,050.199.92%
1975$9,743,119.279.24%
1976$10,337,290.886.10%
1977$11,098,219.107.36%
1978$11,966,001.087.82%
1979$13,452,239.6112.42%
1980$15,731,786.2916.95%
1981$17,579,060.9811.74%
1982$18,641,122.506.04%
1983$19,322,719.913.66%
1984$20,230,976.794.70%
1985$20,988,667.033.75%
1986$21,356,179.171.75%
1987$21,888,828.932.49%
1988$22,525,094.442.91%
1989$23,198,596.872.99%
1990$24,247,706.424.52%
1991$25,382,622.774.68%
1992$25,997,841.342.42%
1993$26,648,677.822.50%
1994$27,401,511.062.83%
1995$28,115,488.402.61%
1996$28,884,511.602.74%
1997$29,399,352.401.78%
1998$29,815,434.431.42%
1999$30,657,312.472.82%
2000$31,946,033.464.20%
2001$33,072,854.833.53%
2002$33,522,935.781.36%
2003$34,228,818.132.11%
2004$34,685,375.071.33%
2005$35,805,720.453.23%
2006$36,922,827.853.12%
2007$37,477,269.291.50%
2008$39,191,980.574.58%
2009$38,933,491.64-0.66%
2010$39,162,644.360.59%
2011$40,348,623.853.03%
2012$41,195,294.122.10%
2013$41,942,622.771.81%
2014$42,440,593.631.19%
2015$42,228,505.13-0.50%
2016$42,820,733.941.40%
2017$43,912,002.162.55%
2018$45,204,252.562.94%
2019$46,153,340.532.10%
2020$46,439,514.300.62%
2021$48,777,085.815.03%
2022$53,081,834.868.83%
2023$55,878,359.425.27%
2024$57,698,499.733.26%*

* 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 1966 * 1966 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 30.883 in the year 1966 and 296.987 in 2024:

296.987 / 30.883 * $6,000,000 = $57,698,499.73

Therefore, according to U.S. Bureau of Labor Statistics, $6,000,000 in 1966 has the same "purchasing power" as $57,698,499.73 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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