Dallas, Texas prices: $245,000 in 1971 $1,926,554.51 in 2025

Inflation in Texas

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Prices in Dallas, 1971-2025 ($245,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 686.35% higher in 2025 versus 1971 (a $1,681,554.51 difference in value).

Between 1971 and 2025: Dallas experienced an average inflation rate of 3.89% per year. This rate of change indicates significant inflation. In other words, $245,000 in Dallas in the year 1971 would cost $1,926,554.51 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.91% during this same period, inflation in Dallas was lower.

In the year 1971: Pricing changed by 3.07%, which is below the average yearly change in Dallas during the 1971-2025 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
Dallas-Fort Worth, Texas · College tuition and fees · Bananas · Wireless telephone services · More

Buying power of $245,000.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $245,000 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$245,000.003.07%
1972$252,143.632.92%
1973$265,213.825.18%
1974$291,512.969.92%
1975$318,447.089.24%
1976$337,867.176.10%
1977$362,737.587.36%
1978$391,100.437.82%
1979$439,677.1112.42%
1980$514,182.5116.95%
1981$574,559.4011.74%
1982$609,272.146.04%
1983$631,549.683.66%
1984$661,235.424.70%
1985$686,000.003.75%
1986$698,011.881.75%
1987$715,421.172.49%
1988$736,217.062.91%
1989$758,230.022.99%
1990$792,519.444.52%
1991$829,613.394.68%
1992$849,721.382.42%
1993$870,993.522.50%
1994$895,599.352.83%
1995$918,935.212.61%
1996$944,070.192.74%
1997$960,897.411.78%
1998$974,496.761.42%
1999$1,002,012.962.82%
2000$1,044,133.914.20%
2001$1,080,963.283.53%
2002$1,095,673.871.36%
2003$1,118,745.142.11%
2004$1,133,667.391.33%
2005$1,170,285.103.23%
2006$1,206,796.983.12%
2007$1,224,918.511.50%
2008$1,280,962.664.58%
2009$1,272,514.13-0.66%
2010$1,280,003.820.59%
2011$1,318,766.743.03%
2012$1,346,439.572.10%
2013$1,370,865.491.81%
2014$1,387,141.321.19%
2015$1,380,209.35-0.50%
2016$1,399,565.941.40%
2017$1,435,233.282.55%
2018$1,477,469.592.94%
2019$1,508,489.872.10%
2020$1,517,843.260.62%
2021$1,594,245.165.03%
2022$1,734,942.898.83%
2023$1,826,345.365.27%
2024$1,898,536.223.95%
2025$1,926,554.511.48%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.400

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1971 * 1971 USD value = 2025 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 303.400 in 2025:

303.400 / 38.583 * $245,000 = $1,926,554.51

Therefore, according to U.S. Bureau of Labor Statistics, $245,000 in 1971 has the same "purchasing power" as $1,926,554.51 in 2025 (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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