Dallas, Texas prices: $400,000 in 1968 $3,583,553.54 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($400,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 795.89% higher in 2024 versus 1968 (a $3,183,553.54 difference in value).

Between 1968 and 2024: Dallas experienced an average inflation rate of 3.99% per year. This rate of change indicates significant inflation. In other words, $400,000 in Dallas in the year 1968 would cost $3,583,553.54 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 1968: Pricing changed by 4.14%, which is above the average yearly change in Dallas during the 1968-2024 time period. Compared to inflation for all items in 1968 (4.27%), 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
College tuition and fees · Dental services · Medical care · Women's apparel · More

Buying power of $400,000.00 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $400,000 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$400,000.004.14%
1969$425,238.816.31%
1970$451,684.266.22%
1971$465,560.583.07%
1972$479,135.242.92%
1973$503,971.855.18%
1974$553,946.719.92%
1975$605,128.219.24%
1976$642,031.176.10%
1977$689,291.107.36%
1978$743,187.537.82%
1979$835,495.2212.42%
1980$977,073.9116.95%
1981$1,091,804.9311.74%
1982$1,157,767.726.04%
1983$1,200,100.553.66%
1984$1,256,510.814.70%
1985$1,303,569.633.75%
1986$1,326,395.171.75%
1987$1,359,477.122.49%
1988$1,398,994.472.91%
1989$1,440,824.532.99%
1990$1,505,982.914.52%
1991$1,576,470.594.68%
1992$1,614,680.742.42%
1993$1,655,103.072.50%
1994$1,701,860.232.83%
1995$1,746,204.122.61%
1996$1,793,966.822.74%
1997$1,825,942.681.78%
1998$1,851,784.821.42%
1999$1,904,072.402.82%
2000$1,984,112.624.20%
2001$2,054,097.543.53%
2002$2,082,051.281.36%
2003$2,125,892.412.11%
2004$2,154,248.371.33%
2005$2,223,831.073.23%
2006$2,293,212.673.12%
2007$2,327,648.061.50%
2008$2,434,145.804.58%
2009$2,418,091.50-0.66%
2010$2,432,323.780.59%
2011$2,505,982.913.03%
2012$2,558,568.122.10%
2013$2,604,983.411.81%
2014$2,635,911.511.19%
2015$2,622,739.06-0.50%
2016$2,659,521.371.40%
2017$2,727,298.142.55%
2018$2,807,557.572.94%
2019$2,866,503.772.10%
2020$2,884,277.530.62%
2021$3,029,460.035.03%
2022$3,296,820.518.83%
2023$3,470,507.795.27%
2024$3,583,553.543.26%*

* 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 1968 * 1968 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 33.150 in the year 1968 and 296.987 in 2024:

296.987 / 33.150 * $400,000 = $3,583,553.54

Therefore, according to U.S. Bureau of Labor Statistics, $400,000 in 1968 has the same "purchasing power" as $3,583,553.54 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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