Dallas, Texas prices: $450,000,000 in 1970 $3,570,191,006.23 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($450,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $3,120,191,006.23 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, $450,000,000 in Dallas in the year 1970 would cost $3,570,191,006.23 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 $450,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $450,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$450,000,000.006.22%
1971$463,824,577.033.07%
1972$477,348,619.772.92%
1973$502,092,609.085.18%
1974$551,881,121.999.92%
1975$602,871,772.049.24%
1976$639,637,132.686.10%
1977$686,720,837.047.36%
1978$740,416,295.647.82%
1979$832,379,786.2912.42%
1980$973,430,543.1916.95%
1981$1,087,733,748.8911.74%
1982$1,153,450,578.816.04%
1983$1,195,625,556.543.66%
1984$1,251,825,467.504.70%
1985$1,298,708,815.673.75%
1986$1,321,449,243.101.75%
1987$1,354,407,836.152.49%
1988$1,393,777,827.252.91%
1989$1,435,451,914.512.99%
1990$1,500,367,319.684.52%
1991$1,570,592,163.854.68%
1992$1,608,659,839.722.42%
1993$1,648,931,433.662.50%
1994$1,695,514,247.552.83%
1995$1,739,692,787.182.61%
1996$1,787,277,382.012.74%
1997$1,819,134,016.031.78%
1998$1,844,879,786.291.42%
1999$1,896,972,395.372.82%
2000$1,976,714,158.504.20%
2001$2,046,438,112.203.53%
2002$2,074,287,622.441.36%
2003$2,117,965,271.592.11%
2004$2,146,215,494.211.33%
2005$2,215,538,735.533.23%
2006$2,284,661,620.663.12%
2007$2,318,968,610.861.50%
2008$2,425,069,234.194.58%
2009$2,409,074,799.64-0.66%
2010$2,423,254,007.120.59%
2011$2,496,638,468.393.03%
2012$2,549,027,604.632.10%
2013$2,595,269,813.001.81%
2014$2,626,082,591.271.19%
2015$2,612,959,260.91-0.50%
2016$2,649,604,407.841.40%
2017$2,717,128,450.582.55%
2018$2,797,088,601.962.94%
2019$2,855,815,004.452.10%
2020$2,873,522,484.420.62%
2021$3,018,163,624.225.03%
2022$3,284,527,159.398.83%
2023$3,457,566,785.405.27%
2024$3,570,191,006.233.26%*

* 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 * $450,000,000 = $3,570,191,006.23

Therefore, according to U.S. Bureau of Labor Statistics, $450,000,000 in 1970 has the same "purchasing power" as $3,570,191,006.23 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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