Dallas, Texas prices:$740,000 in 1971$5,801,593.61 in 2026

Inflation in Texas

$

Prices in Dallas, 1971-2026 ($740,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 684% higher in 2026 versus 1971 (a $5,061,593.61 difference in value).

Between 1971 and 2026:Dallas experienced an average inflation rate of 3.82% per year. This rate of change indicates significant inflation. In other words, $740,000 in Dallas in the year 1971 would cost $5,801,593.61 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.85% 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 1971-2026 time period. Compared to inflation for all items in 1971 (4.29%), 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
Educational books and supplies · Bread · Frankfurters · Gasoline (all types) · More

Buying power of $740,000.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $740,000 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$740,000.003.07%
1972$761,576.672.92%
1973$801,054.005.18%
1974$880,488.129.92%
1975$961,840.179.24%
1976$1,020,496.766.10%
1977$1,095,615.557.36%
1978$1,181,282.947.82%
1979$1,328,004.3212.42%
1980$1,553,041.0416.95%
1981$1,735,403.8911.74%
1982$1,840,250.546.04%
1983$1,907,537.803.66%
1984$1,997,200.864.70%
1985$2,072,000.003.75%
1986$2,108,280.781.75%
1987$2,160,863.932.49%
1988$2,223,676.032.91%
1989$2,290,164.152.99%
1990$2,393,732.184.52%
1991$2,505,771.064.68%
1992$2,566,505.402.42%
1993$2,630,755.942.50%
1994$2,705,075.592.83%
1995$2,775,559.402.61%
1996$2,851,477.322.74%
1997$2,902,302.381.78%
1998$2,943,377.971.42%
1999$3,026,488.122.82%
2000$3,153,710.584.20%
2001$3,264,950.323.53%
2002$3,309,382.291.36%
2003$3,379,066.952.11%
2004$3,424,138.231.33%
2005$3,534,738.663.23%
2006$3,645,019.443.12%
2007$3,699,753.871.50%
2008$3,869,030.064.58%
2009$3,843,512.05-0.66%
2010$3,866,134.000.59%
2011$3,983,213.823.03%
2012$4,066,797.062.10%
2013$4,140,573.301.81%
2014$4,189,732.961.19%
2015$4,168,795.59-0.50%
2016$4,227,260.391.40%
2017$4,334,990.322.55%
2018$4,462,561.212.94%
2019$4,556,255.122.10%
2020$4,584,506.180.62%
2021$4,815,271.105.03%
2022$5,240,235.688.83%
2023$5,516,308.425.27%
2024$5,734,354.303.95%
2025$5,818,544.591.47%
2026$5,801,593.61-0.29%*

* 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 1971* 1971 USD value = 2026 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 302.493 in 2026:

302.493 / 38.583* $740,000 = $5,801,593.61

Therefore, according to U.S. Bureau of Labor Statistics, $740,000 in 1971 has the same "purchasing power" as $5,801,593.61 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.

» Read more about inflation and investment.