Dallas, Texas prices: $200,000 in 1971 $1,539,457.45 in 2024

Inflation in Texas

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Prices in Dallas, 1971-2024 ($200,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 669.73% higher in 2024 versus 1971 (a $1,339,457.45 difference in value).

Between 1971 and 2024: Dallas experienced an average inflation rate of 3.93% per year. This rate of change indicates significant inflation. In other words, $200,000 in Dallas in the year 1971 would cost $1,539,457.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation in Dallas was higher.

In the year 1971: Pricing changed by 3.07%, which is below the average yearly change in Dallas during the 1971-2024 time period. Compared to inflation for all items in 1971 (4.30%), inflation in Dallas was lower.

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 $200,000.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $200,000 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$200,000.003.07%
1972$205,831.532.92%
1973$216,501.085.18%
1974$237,969.769.92%
1975$259,956.809.24%
1976$275,809.946.10%
1977$296,112.317.36%
1978$319,265.667.82%
1979$358,920.0912.42%
1980$419,740.8216.95%
1981$469,028.0811.74%
1982$497,365.016.04%
1983$515,550.763.66%
1984$539,784.024.70%
1985$560,000.003.75%
1986$569,805.621.75%
1987$584,017.282.49%
1988$600,993.522.91%
1989$618,963.282.99%
1990$646,954.644.52%
1991$677,235.424.68%
1992$693,650.112.42%
1993$711,015.122.50%
1994$731,101.512.83%
1995$750,151.192.61%
1996$770,669.552.74%
1997$784,406.051.78%
1998$795,507.561.42%
1999$817,969.762.82%
2000$852,354.214.20%
2001$882,419.013.53%
2002$894,427.651.36%
2003$913,261.342.11%
2004$925,442.761.33%
2005$955,334.773.23%
2006$985,140.393.12%
2007$999,933.481.50%
2008$1,045,683.804.58%
2009$1,038,787.04-0.66%
2010$1,044,901.080.59%
2011$1,076,544.283.03%
2012$1,099,134.342.10%
2013$1,119,073.871.81%
2014$1,132,360.261.19%
2015$1,126,701.51-0.50%
2016$1,142,502.811.40%
2017$1,171,619.012.55%
2018$1,206,097.622.94%
2019$1,231,420.302.10%
2020$1,239,055.720.62%
2021$1,301,424.625.03%
2022$1,416,279.918.83%
2023$1,490,894.175.27%
2024$1,539,457.453.26%*

* 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 1971 * 1971 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 38.583 in the year 1971 and 296.987 in 2024:

296.987 / 38.583 * $200,000 = $1,539,457.45

Therefore, according to U.S. Bureau of Labor Statistics, $200,000 in 1971 has the same "purchasing power" as $1,539,457.45 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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