Dallas, Texas prices:$2,975,000 in 1970$24,101,076.36 in 2026

Inflation in Texas

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Prices in Dallas, 1970-2026 ($2,975,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 710.12% higher in 2026 versus 1970 (a $21,126,076.36 difference in value).

Between 1970 and 2026:Dallas experienced an average inflation rate of 3.81% per year. This rate of change indicates significant inflation. In other words, $2,975,000 in Dallas in the year 1970 would cost $24,101,076.36 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.87% 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 1970-2026 time period. Compared to inflation for all items in 1970 (5.84%), 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 $2,975,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $2,975,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$2,975,000.006.22%
1971$3,066,395.813.07%
1972$3,155,804.762.92%
1973$3,319,390.035.18%
1974$3,648,547.429.92%
1975$3,985,652.279.24%
1976$4,228,712.156.10%
1977$4,539,987.767.36%
1978$4,894,974.407.82%
1979$5,502,955.2512.42%
1980$6,435,457.4816.95%
1981$7,191,128.6711.74%
1982$7,625,589.946.04%
1983$7,904,413.403.66%
1984$8,275,957.264.70%
1985$8,585,908.283.75%
1986$8,736,247.771.75%
1987$8,954,140.692.49%
1988$9,214,420.082.91%
1989$9,489,932.102.99%
1990$9,919,095.064.52%
1991$10,383,359.314.68%
1992$10,635,028.942.42%
1993$10,901,268.922.50%
1994$11,209,233.082.83%
1995$11,501,302.322.61%
1996$11,815,889.362.74%
1997$12,026,497.111.78%
1998$12,196,705.251.42%
1999$12,541,095.282.82%
2000$13,068,276.944.20%
2001$13,529,229.743.53%
2002$13,713,345.951.36%
2003$14,002,103.742.11%
2004$14,188,869.101.33%
2005$14,647,172.753.23%
2006$15,104,151.833.12%
2007$15,330,959.151.50%
2008$16,032,402.164.58%
2009$15,926,661.18-0.66%
2010$16,020,401.490.59%
2011$16,505,554.323.03%
2012$16,851,904.722.10%
2013$17,157,617.101.81%
2014$17,361,323.801.19%
2015$17,274,564.00-0.50%
2016$17,516,829.141.40%
2017$17,963,238.092.55%
2018$18,491,863.542.94%
2019$18,880,110.312.10%
2020$18,997,176.420.62%
2021$19,953,415.075.03%
2022$21,714,374.008.83%
2023$22,858,358.195.27%
2024$23,761,891.923.95%
2025$24,104,904.391.44%
2026$24,101,076.36-0.02%*

* 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:

Year1963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.303303.255

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1970* 1970 USD value = 2026 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 303.255 in 2026:

303.255 / 37.433* $2,975,000 = $24,101,076.36

Therefore, according to U.S. Bureau of Labor Statistics, $2,975,000 in 1970 has the same "purchasing power" as $24,101,076.36 in 2026 (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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