Dallas, Texas prices: $750,000 in 1970 $5,932,967.50 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($750,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 691.06% higher in 2024 versus 1970 (a $5,182,967.50 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.90% per year. This rate of change indicates significant inflation. In other words, $750,000 in Dallas in the year 1970 would cost $5,932,967.50 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 $750,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $750,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$750,000.006.22%
1971$773,040.963.07%
1972$795,581.032.92%
1973$836,821.025.18%
1974$919,801.879.92%
1975$1,004,786.299.24%
1976$1,066,061.896.10%
1977$1,144,534.737.36%
1978$1,234,027.167.82%
1979$1,387,299.6412.42%
1980$1,622,384.2416.95%
1981$1,812,889.5811.74%
1982$1,922,417.636.04%
1983$1,992,709.263.66%
1984$2,086,375.784.70%
1985$2,164,514.693.75%
1986$2,202,415.411.75%
1987$2,257,346.392.49%
1988$2,322,963.052.91%
1989$2,392,419.862.99%
1990$2,500,612.204.52%
1991$2,617,653.614.68%
1992$2,681,099.732.42%
1993$2,748,219.062.50%
1994$2,825,857.082.83%
1995$2,899,487.982.61%
1996$2,978,795.642.74%
1997$3,031,890.031.78%
1998$3,074,799.641.42%
1999$3,161,620.662.82%
2000$3,294,523.604.20%
2001$3,410,730.193.53%
2002$3,457,146.041.36%
2003$3,529,942.122.11%
2004$3,577,025.821.33%
2005$3,692,564.563.23%
2006$3,807,769.373.12%
2007$3,864,947.681.50%
2008$4,041,782.064.58%
2009$4,015,124.67-0.66%
2010$4,038,756.680.59%
2011$4,161,064.113.03%
2012$4,248,379.342.10%
2013$4,325,449.691.81%
2014$4,376,804.321.19%
2015$4,354,932.10-0.50%
2016$4,416,007.351.40%
2017$4,528,547.422.55%
2018$4,661,814.342.94%
2019$4,759,691.672.10%
2020$4,789,204.140.62%
2021$5,030,272.715.03%
2022$5,474,211.938.83%
2023$5,762,611.315.27%
2024$5,932,967.502.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 37.433 * $750,000 = $5,932,967.50

Therefore, according to U.S. Bureau of Labor Statistics, $750,000 in 1970 has the same "purchasing power" as $5,932,967.50 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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