According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $48,536,304.54 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, $7,000,000 in Dallas in the year 1970 would cost $55,536,304.54 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.
Below are calculations of equivalent buying power in Dallas, over time, for $7,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1970 | $7,000,000.00 | 6.22% |
| 1971 | $7,215,048.98 | 3.07% |
| 1972 | $7,425,422.97 | 2.92% |
| 1973 | $7,810,329.47 | 5.18% |
| 1974 | $8,584,817.45 | 9.92% |
| 1975 | $9,378,005.34 | 9.24% |
| 1976 | $9,949,910.95 | 6.10% |
| 1977 | $10,682,324.13 | 7.36% |
| 1978 | $11,517,586.82 | 7.82% |
| 1979 | $12,948,130.01 | 12.42% |
| 1980 | $15,142,252.89 | 16.95% |
| 1981 | $16,920,302.76 | 11.74% |
| 1982 | $17,942,564.56 | 6.04% |
| 1983 | $18,598,619.77 | 3.66% |
| 1984 | $19,472,840.61 | 4.70% |
| 1985 | $20,202,137.13 | 3.75% |
| 1986 | $20,555,877.11 | 1.75% |
| 1987 | $21,068,566.34 | 2.49% |
| 1988 | $21,680,988.42 | 2.91% |
| 1989 | $22,329,252.00 | 2.99% |
| 1990 | $23,339,047.20 | 4.52% |
| 1991 | $24,431,433.66 | 4.68% |
| 1992 | $25,023,597.51 | 2.42% |
| 1993 | $25,650,044.52 | 2.50% |
| 1994 | $26,374,666.07 | 2.83% |
| 1995 | $27,061,887.80 | 2.61% |
| 1996 | $27,802,092.61 | 2.74% |
| 1997 | $28,297,640.25 | 1.78% |
| 1998 | $28,698,130.01 | 1.42% |
| 1999 | $29,508,459.48 | 2.82% |
| 2000 | $30,748,886.91 | 4.20% |
| 2001 | $31,833,481.75 | 3.53% |
| 2002 | $32,266,696.35 | 1.36% |
| 2003 | $32,946,126.45 | 2.11% |
| 2004 | $33,385,574.35 | 1.33% |
| 2005 | $34,463,935.89 | 3.23% |
| 2006 | $35,539,180.77 | 3.12% |
| 2007 | $36,072,845.06 | 1.50% |
| 2008 | $37,723,299.20 | 4.58% |
| 2009 | $37,474,496.88 | -0.66% |
| 2010 | $37,695,062.33 | 0.59% |
| 2011 | $38,836,598.40 | 3.03% |
| 2012 | $39,651,540.52 | 2.10% |
| 2013 | $40,370,863.76 | 1.81% |
| 2014 | $40,850,173.64 | 1.19% |
| 2015 | $40,646,032.95 | -0.50% |
| 2016 | $41,216,068.57 | 1.40% |
| 2017 | $42,266,442.56 | 2.55% |
| 2018 | $43,510,267.14 | 2.94% |
| 2019 | $44,423,788.96 | 2.10% |
| 2020 | $44,699,238.65 | 0.62% |
| 2021 | $46,949,211.93 | 5.03% |
| 2022 | $51,092,644.70 | 8.83% |
| 2023 | $53,784,372.22 | 5.27% |
| 2024 | $55,536,304.54 | 3.26%* |
* 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:
| Year | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 29.500 | 29.533 | 29.850 | 30.883 | 31.833 | 33.150 | 35.242 | 37.433 | 38.583 | 39.708 | 41.767 | 45.908 | 50.150 | 53.208 | 57.125 | 61.592 | 69.242 | 80.975 | 90.483 | 95.950 | 99.458 | 104.133 | 108.033 | 109.925 | 112.667 | 115.942 | 119.408 | 124.808 | 130.650 | 133.817 | 137.167 | 141.042 | 144.717 | 148.675 | 151.325 | 153.467 | 157.800 | 164.433 | 170.233 | 172.550 | 176.183 | 178.533 | 184.300 | 190.050 | 192.904 | 201.730 | 200.399 | 201.579 | 207.683 | 212.041 | 215.888 | 218.451 | 217.359 | 220.408 | 226.025 | 232.676 | 237.561 | 239.035 | 251.066 | 273.224 | 287.618 | 296.987 |