Dallas, Texas prices: $340,000 in 1971 $2,673,585.86 in 2025

Inflation in Texas

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Prices in Dallas, 1971-2025 ($340,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 686.35% higher in 2025 versus 1971 (a $2,333,585.86 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, $340,000 in Dallas in the year 1971 would cost $2,673,585.86 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
Indoor plants and flowers · Parking fees and tolls · Dental services · Dallas-Fort Worth, Texas · More

Buying power of $340,000.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $340,000 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$340,000.003.07%
1972$349,913.612.92%
1973$368,051.845.18%
1974$404,548.609.92%
1975$441,926.579.24%
1976$468,876.896.10%
1977$503,390.937.36%
1978$542,751.627.82%
1979$610,164.1512.42%
1980$713,559.4016.95%
1981$797,347.7311.74%
1982$845,520.526.04%
1983$876,436.293.66%
1984$917,632.834.70%
1985$952,000.003.75%
1986$968,669.551.75%
1987$992,829.372.49%
1988$1,021,688.982.91%
1989$1,052,237.582.99%
1990$1,099,822.894.52%
1991$1,151,300.224.68%
1992$1,179,205.182.42%
1993$1,208,725.702.50%
1994$1,242,872.572.83%
1995$1,275,257.022.61%
1996$1,310,138.232.74%
1997$1,333,490.281.78%
1998$1,352,362.851.42%
1999$1,390,548.602.82%
2000$1,449,002.164.20%
2001$1,500,112.313.53%
2002$1,520,527.001.36%
2003$1,552,544.282.11%
2004$1,573,252.701.33%
2005$1,624,069.113.23%
2006$1,674,738.663.12%
2007$1,699,886.911.50%
2008$1,777,662.464.58%
2009$1,765,937.97-0.66%
2010$1,776,331.840.59%
2011$1,830,125.273.03%
2012$1,868,528.382.10%
2013$1,902,425.571.81%
2014$1,925,012.441.19%
2015$1,915,392.57-0.50%
2016$1,942,254.771.40%
2017$1,991,752.312.55%
2018$2,050,365.962.94%
2019$2,093,414.512.10%
2020$2,106,394.730.62%
2021$2,212,421.865.03%
2022$2,407,675.858.83%
2023$2,534,520.095.27%
2024$2,634,703.333.95%
2025$2,673,585.861.48%*

* 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 * $340,000 = $2,673,585.86

Therefore, according to U.S. Bureau of Labor Statistics, $340,000 in 1971 has the same "purchasing power" as $2,673,585.86 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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