Dallas, Texas prices: $940,000 in 1971 $7,369,591.88 in 2026

Inflation in Texas

$

Prices in Dallas, 1971-2026 ($940,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 684% higher in 2026 versus 1971 (a $6,429,591.88 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, $940,000 in Dallas in the year 1971 would cost $7,369,591.88 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
Medical care · Food · Houston, Texas · New York · More

Buying power of $940,000.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $940,000 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$940,000.003.07%
1972$967,408.212.92%
1973$1,017,555.085.18%
1974$1,118,457.889.92%
1975$1,221,796.989.24%
1976$1,296,306.706.10%
1977$1,391,727.867.36%
1978$1,500,548.607.82%
1979$1,686,924.4112.42%
1980$1,972,781.8616.95%
1981$2,204,431.9711.74%
1982$2,337,615.556.04%
1983$2,423,088.553.66%
1984$2,536,984.884.70%
1985$2,632,000.003.75%
1986$2,678,086.391.75%
1987$2,744,881.212.49%
1988$2,824,669.552.91%
1989$2,909,127.432.99%
1990$3,040,686.834.52%
1991$3,183,006.484.68%
1992$3,260,155.512.42%
1993$3,341,771.062.50%
1994$3,436,177.112.83%
1995$3,525,710.582.61%
1996$3,622,146.872.74%
1997$3,686,708.421.78%
1998$3,738,885.531.42%
1999$3,844,457.882.82%
2000$4,006,064.794.20%
2001$4,147,369.333.53%
2002$4,203,809.941.36%
2003$4,292,328.292.11%
2004$4,349,580.991.33%
2005$4,490,073.433.23%
2006$4,630,159.833.12%
2007$4,699,687.341.50%
2008$4,914,713.874.58%
2009$4,882,299.09-0.66%
2010$4,911,035.080.59%
2011$5,059,758.103.03%
2012$5,165,931.402.10%
2013$5,259,647.171.81%
2014$5,322,093.221.19%
2015$5,295,497.11-0.50%
2016$5,369,763.201.40%
2017$5,506,609.332.55%
2018$5,668,658.832.94%
2019$5,787,675.422.10%
2020$5,823,561.900.62%
2021$6,116,695.725.03%
2022$6,656,515.598.83%
2023$7,007,202.595.27%
2024$7,284,179.783.95%
2025$7,391,124.211.47%
2026$7,369,591.88-0.29%*

* 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 * $940,000 = $7,369,591.88

Therefore, according to U.S. Bureau of Labor Statistics, $940,000 in 1971 has the same "purchasing power" as $7,369,591.88 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.