Dallas, Texas prices: $9,000,000 in 1967 $83,964,910.99 in 2024

Inflation in Texas

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Prices in Dallas, 1967-2024 ($9,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 832.94% higher in 2024 versus 1967 (a $74,964,910.99 difference in value).

Between 1967 and 2024: Dallas experienced an average inflation rate of 4% per year. This rate of change indicates significant inflation. In other words, $9,000,000 in Dallas in the year 1967 would cost $83,964,910.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.99% during this same period, inflation in Dallas was higher.

In the year 1967: Pricing changed by 3.08%, which is below the average yearly change in Dallas during the 1967-2024 time period. Compared to inflation for all items in 1967 (2.80%), 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
Fresh fruits · Bananas · Fish and seafood · Houston, Texas · More

Buying power of $9,000,000.00 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $9,000,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$9,000,000.003.08%
1968$9,372,251.314.14%
1969$9,963,612.576.31%
1970$10,583,246.076.22%
1971$10,908,376.963.07%
1972$11,226,439.792.92%
1973$11,808,376.965.18%
1974$12,979,319.379.92%
1975$14,178,534.039.24%
1976$15,043,193.726.10%
1977$16,150,523.567.36%
1978$17,413,350.797.82%
1979$19,576,178.0112.42%
1980$22,893,455.5016.95%
1981$25,581,675.3911.74%
1982$27,127,225.136.04%
1983$28,119,109.953.66%
1984$29,440,837.704.70%
1985$30,543,455.503.75%
1986$31,078,272.251.75%
1987$31,853,403.142.49%
1988$32,779,319.372.91%
1989$33,759,424.082.99%
1990$35,286,125.654.52%
1991$36,937,696.344.68%
1992$37,832,984.292.42%
1993$38,780,104.712.50%
1994$39,875,654.452.83%
1995$40,914,659.692.61%
1996$42,033,769.632.74%
1997$42,782,984.291.78%
1998$43,388,481.681.42%
1999$44,613,612.572.82%
2000$46,489,005.244.20%
2001$48,128,795.813.53%
2002$48,783,769.631.36%
2003$49,810,994.762.11%
2004$50,475,392.671.33%
2005$52,105,759.163.23%
2006$53,731,413.613.12%
2007$54,538,256.541.50%
2008$57,033,565.454.58%
2009$56,657,403.14-0.66%
2010$56,990,874.350.59%
2011$58,716,753.933.03%
2012$59,948,858.642.10%
2013$61,036,397.911.81%
2014$61,761,062.831.19%
2015$61,452,424.08-0.50%
2016$62,314,256.541.40%
2017$63,902,308.902.55%
2018$65,782,837.702.94%
2019$67,163,984.292.10%
2020$67,580,434.550.62%
2021$70,982,151.835.03%
2022$77,246,575.928.83%
2023$81,316,178.015.27%
2024$83,964,910.993.26%*

* 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 1967 * 1967 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 31.833 in the year 1967 and 296.987 in 2024:

296.987 / 31.833 * $9,000,000 = $83,964,910.99

Therefore, according to U.S. Bureau of Labor Statistics, $9,000,000 in 1967 has the same "purchasing power" as $83,964,910.99 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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