Dallas, Texas prices: $20,000,000 in 1970 $158,675,155.83 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($20,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $138,675,155.83 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, $20,000,000 in Dallas in the year 1970 would cost $158,675,155.83 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%).

View price changes for other categories
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Buying power of $20,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $20,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$20,000,000.006.22%
1971$20,614,425.653.07%
1972$21,215,494.212.92%
1973$22,315,227.075.18%
1974$24,528,049.879.92%
1975$26,794,300.989.24%
1976$28,428,317.016.10%
1977$30,520,926.097.36%
1978$32,907,390.927.82%
1979$36,994,657.1712.42%
1980$43,263,579.7016.95%
1981$48,343,722.1711.74%
1982$51,264,470.176.04%
1983$53,138,913.623.66%
1984$55,636,687.444.70%
1985$57,720,391.813.75%
1986$58,731,077.471.75%
1987$60,195,903.832.49%
1988$61,945,681.212.91%
1989$63,797,862.872.99%
1990$66,682,991.994.52%
1991$69,804,096.174.68%
1992$71,495,992.882.42%
1993$73,285,841.502.50%
1994$75,356,188.782.83%
1995$77,319,679.432.61%
1996$79,434,550.312.74%
1997$80,850,400.711.78%
1998$81,994,657.171.42%
1999$84,309,884.242.82%
2000$87,853,962.604.20%
2001$90,952,804.993.53%
2002$92,190,561.001.36%
2003$94,131,789.852.11%
2004$95,387,355.301.33%
2005$98,468,388.253.23%
2006$101,540,516.473.12%
2007$103,065,271.591.50%
2008$107,780,854.854.58%
2009$107,069,991.10-0.66%
2010$107,700,178.090.59%
2011$110,961,709.713.03%
2012$113,290,115.762.10%
2013$115,345,325.021.81%
2014$116,714,781.831.19%
2015$116,131,522.71-0.50%
2016$117,760,195.901.40%
2017$120,761,264.472.55%
2018$124,315,048.982.94%
2019$126,925,111.312.10%
2020$127,712,110.420.62%
2021$134,140,605.525.03%
2022$145,978,984.868.83%
2023$153,669,634.915.27%
2024$158,675,155.833.26%*

* 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 * $20,000,000 = $158,675,155.83

Therefore, according to U.S. Bureau of Labor Statistics, $20,000,000 in 1970 has the same "purchasing power" as $158,675,155.83 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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