Dallas, Texas prices: $150,000,000 in 1970 $1,190,063,668.74 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($150,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $1,040,063,668.74 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, $150,000,000 in Dallas in the year 1970 would cost $1,190,063,668.74 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation in Dallas was lower.

In the year 1970: Pricing changed by 6.22%, which is above the average yearly change in Dallas during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), 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%).

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Buying power of $150,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $150,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$150,000,000.006.22%
1971$154,608,192.343.07%
1972$159,116,206.592.92%
1973$167,364,203.035.18%
1974$183,960,374.009.92%
1975$200,957,257.359.24%
1976$213,212,377.566.10%
1977$228,906,945.687.36%
1978$246,805,431.887.82%
1979$277,459,928.7612.42%
1980$324,476,847.7316.95%
1981$362,577,916.3011.74%
1982$384,483,526.276.04%
1983$398,541,852.183.66%
1984$417,275,155.834.70%
1985$432,902,938.563.75%
1986$440,483,081.031.75%
1987$451,469,278.722.49%
1988$464,592,609.082.91%
1989$478,483,971.502.99%
1990$500,122,439.894.52%
1991$523,530,721.284.68%
1992$536,219,946.572.42%
1993$549,643,811.222.50%
1994$565,171,415.852.83%
1995$579,897,595.732.61%
1996$595,759,127.342.74%
1997$606,378,005.341.78%
1998$614,959,928.761.42%
1999$632,324,131.792.82%
2000$658,904,719.504.20%
2001$682,146,037.403.53%
2002$691,429,207.481.36%
2003$705,988,423.862.11%
2004$715,405,164.741.33%
2005$738,512,911.843.23%
2006$761,553,873.553.12%
2007$772,989,536.951.50%
2008$808,356,411.404.58%
2009$803,024,933.21-0.66%
2010$807,751,335.710.59%
2011$832,212,822.803.03%
2012$849,675,868.212.10%
2013$865,089,937.671.81%
2014$875,360,863.761.19%
2015$870,986,420.30-0.50%
2016$883,201,469.281.40%
2017$905,709,483.532.55%
2018$932,362,867.322.94%
2019$951,938,334.822.10%
2020$957,840,828.140.62%
2021$1,006,054,541.415.03%
2022$1,094,842,386.468.83%
2023$1,152,522,261.805.27%
2024$1,190,063,668.743.26%*

* 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 1970 * 1970 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 37.433 in the year 1970 and 296.987 in 2024:

296.987 / 37.433 * $150,000,000 = $1,190,063,668.74

Therefore, according to U.S. Bureau of Labor Statistics, $150,000,000 in 1970 has the same "purchasing power" as $1,190,063,668.74 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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