Dallas, Texas prices:$970,000 in 1970$7,838,420.57 in 2026

Inflation in Texas

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Prices in Dallas, 1970-2026 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 708.08% higher in 2026 versus 1970 (a $6,868,420.57 difference in value).

Between 1970 and 2026:Dallas experienced an average inflation rate of 3.80% per year. This rate of change indicates significant inflation. In other words, $970,000 in Dallas in the year 1970 would cost $7,838,420.57 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.86% 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 $970,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $970,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$970,000.006.22%
1971$999,799.643.07%
1972$1,028,951.472.92%
1973$1,082,288.515.18%
1974$1,189,610.429.92%
1975$1,299,523.609.24%
1976$1,378,773.376.10%
1977$1,480,264.927.36%
1978$1,596,008.467.82%
1979$1,794,240.8712.42%
1980$2,098,283.6216.95%
1981$2,344,670.5311.74%
1982$2,486,326.806.04%
1983$2,577,237.313.66%
1984$2,698,379.344.70%
1985$2,799,439.003.75%
1986$2,848,457.261.75%
1987$2,919,501.342.49%
1988$3,004,365.542.91%
1989$3,094,196.352.99%
1990$3,234,125.114.52%
1991$3,385,498.664.68%
1992$3,467,555.652.42%
1993$3,554,363.312.50%
1994$3,654,775.162.83%
1995$3,750,004.452.61%
1996$3,852,575.692.74%
1997$3,921,244.431.78%
1998$3,976,740.871.42%
1999$4,089,029.392.82%
2000$4,260,917.194.20%
2001$4,411,211.043.53%
2002$4,471,242.211.36%
2003$4,565,391.812.11%
2004$4,626,286.731.33%
2005$4,775,716.833.23%
2006$4,924,715.053.12%
2007$4,998,665.671.50%
2008$5,227,371.464.58%
2009$5,192,894.57-0.66%
2010$5,223,458.640.59%
2011$5,381,642.923.03%
2012$5,494,570.612.10%
2013$5,594,248.261.81%
2014$5,660,666.921.19%
2015$5,632,378.85-0.50%
2016$5,711,369.501.40%
2017$5,856,921.332.55%
2018$6,029,279.882.94%
2019$6,155,867.902.10%
2020$6,194,037.360.62%
2021$6,505,819.375.03%
2022$7,079,980.778.83%
2023$7,452,977.295.27%
2024$7,747,574.843.95%
2025$7,861,322.721.47%
2026$7,838,420.57-0.29%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.377302.493

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 302.493 in 2026:

302.493 / 37.433* $970,000 = $7,838,420.57

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1970 has the same "purchasing power" as $7,838,420.57 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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