Dallas, Texas prices:$947,000 in 1970$7,671,838.42 in 2026

Inflation in Texas

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Prices in Dallas, 1970-2026 ($947,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 710.12% higher in 2026 versus 1970 (a $6,724,838.42 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, $947,000 in Dallas in the year 1970 would cost $7,671,838.42 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 $947,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $947,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$947,000.006.22%
1971$976,093.053.07%
1972$1,004,553.652.92%
1973$1,056,626.005.18%
1974$1,161,403.169.92%
1975$1,268,710.159.24%
1976$1,346,080.816.10%
1977$1,445,165.857.36%
1978$1,558,164.967.82%
1979$1,751,697.0212.42%
1980$2,048,530.5016.95%
1981$2,289,075.2411.74%
1982$2,427,372.666.04%
1983$2,516,127.563.66%
1984$2,634,397.154.70%
1985$2,733,060.553.75%
1986$2,780,916.521.75%
1987$2,850,276.052.49%
1988$2,933,128.012.91%
1989$3,020,828.812.99%
1990$3,157,439.674.52%
1991$3,305,223.954.68%
1992$3,385,335.262.42%
1993$3,470,084.592.50%
1994$3,568,115.542.83%
1995$3,661,086.822.61%
1996$3,761,225.962.74%
1997$3,828,266.471.78%
1998$3,882,447.021.42%
1999$3,992,073.022.82%
2000$4,159,885.134.20%
2001$4,306,615.323.53%
2002$4,365,223.061.36%
2003$4,457,140.252.11%
2004$4,516,591.271.33%
2005$4,662,478.183.23%
2006$4,807,943.463.12%
2007$4,880,140.611.50%
2008$5,103,423.484.58%
2009$5,069,764.08-0.66%
2010$5,099,603.430.59%
2011$5,254,036.953.03%
2012$5,364,286.982.10%
2013$5,461,601.141.81%
2014$5,526,444.921.19%
2015$5,498,827.60-0.50%
2016$5,575,945.281.40%
2017$5,718,045.872.55%
2018$5,886,317.572.94%
2019$6,009,904.022.10%
2020$6,047,168.430.62%
2021$6,351,557.675.03%
2022$6,912,104.938.83%
2023$7,276,257.215.27%
2024$7,563,869.463.95%
2025$7,673,056.961.44%
2026$7,671,838.42-0.02%*

* 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* $947,000 = $7,671,838.42

Therefore, according to U.S. Bureau of Labor Statistics, $947,000 in 1970 has the same "purchasing power" as $7,671,838.42 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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