Dallas, Texas prices: $300,000,000 in 1970 $2,380,127,337.49 in 2024

Inflation in Texas

$

Prices in Dallas, 1970-2024 ($300,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $2,080,127,337.49 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, $300,000,000 in Dallas in the year 1970 would cost $2,380,127,337.49 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
Women's apparel · Airline fares · Bananas · Food · More

Buying power of $300,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $300,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$300,000,000.006.22%
1971$309,216,384.683.07%
1972$318,232,413.182.92%
1973$334,728,406.065.18%
1974$367,920,748.009.92%
1975$401,914,514.699.24%
1976$426,424,755.126.10%
1977$457,813,891.367.36%
1978$493,610,863.767.82%
1979$554,919,857.5212.42%
1980$648,953,695.4616.95%
1981$725,155,832.5911.74%
1982$768,967,052.546.04%
1983$797,083,704.363.66%
1984$834,550,311.674.70%
1985$865,805,877.113.75%
1986$880,966,162.071.75%
1987$902,938,557.442.49%
1988$929,185,218.172.91%
1989$956,967,943.012.99%
1990$1,000,244,879.794.52%
1991$1,047,061,442.564.68%
1992$1,072,439,893.142.42%
1993$1,099,287,622.442.50%
1994$1,130,342,831.702.83%
1995$1,159,795,191.452.61%
1996$1,191,518,254.672.74%
1997$1,212,756,010.691.78%
1998$1,229,919,857.521.42%
1999$1,264,648,263.582.82%
2000$1,317,809,439.004.20%
2001$1,364,292,074.803.53%
2002$1,382,858,414.961.36%
2003$1,411,976,847.732.11%
2004$1,430,810,329.471.33%
2005$1,477,025,823.693.23%
2006$1,523,107,747.113.12%
2007$1,545,979,073.911.50%
2008$1,616,712,822.804.58%
2009$1,606,049,866.43-0.66%
2010$1,615,502,671.420.59%
2011$1,664,425,645.593.03%
2012$1,699,351,736.422.10%
2013$1,730,179,875.331.81%
2014$1,750,721,727.521.19%
2015$1,741,972,840.61-0.50%
2016$1,766,402,938.561.40%
2017$1,811,418,967.052.55%
2018$1,864,725,734.642.94%
2019$1,903,876,669.632.10%
2020$1,915,681,656.280.62%
2021$2,012,109,082.815.03%
2022$2,189,684,772.938.83%
2023$2,305,044,523.605.27%
2024$2,380,127,337.493.26%*

* 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 * $300,000,000 = $2,380,127,337.49

Therefore, according to U.S. Bureau of Labor Statistics, $300,000,000 in 1970 has the same "purchasing power" as $2,380,127,337.49 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.

» Read more about inflation and investment.