Dallas, Texas prices: $980,000 in 1971 $7,683,191.53 in 2026

Inflation in Texas

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Prices in Dallas, 1971-2026 ($980,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 684% higher in 2026 versus 1971 (a $6,703,191.53 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, $980,000 in Dallas in the year 1971 would cost $7,683,191.53 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
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Buying power of $980,000.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $980,000 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$980,000.003.07%
1972$1,008,574.512.92%
1973$1,060,855.295.18%
1974$1,166,051.849.92%
1975$1,273,788.349.24%
1976$1,351,468.686.10%
1977$1,450,950.327.36%
1978$1,564,401.737.82%
1979$1,758,708.4212.42%
1980$2,056,730.0216.95%
1981$2,298,237.5811.74%
1982$2,437,088.556.04%
1983$2,526,198.703.66%
1984$2,644,941.684.70%
1985$2,744,000.003.75%
1986$2,792,047.521.75%
1987$2,861,684.672.49%
1988$2,944,868.252.91%
1989$3,032,920.092.99%
1990$3,170,077.754.52%
1991$3,318,453.564.68%
1992$3,398,885.532.42%
1993$3,483,974.082.50%
1994$3,582,397.412.83%
1995$3,675,740.822.61%
1996$3,776,280.782.74%
1997$3,843,589.631.78%
1998$3,897,987.041.42%
1999$4,008,051.842.82%
2000$4,176,535.644.20%
2001$4,323,853.133.53%
2002$4,382,695.461.36%
2003$4,474,980.562.11%
2004$4,534,669.551.33%
2005$4,681,140.393.23%
2006$4,827,187.903.12%
2007$4,899,674.041.50%
2008$5,123,850.634.58%
2009$5,090,056.50-0.66%
2010$5,120,015.290.59%
2011$5,275,066.953.03%
2012$5,385,758.272.10%
2013$5,483,461.941.81%
2014$5,548,565.271.19%
2015$5,520,837.41-0.50%
2016$5,598,263.761.40%
2017$5,740,933.132.55%
2018$5,909,878.362.94%
2019$6,033,959.482.10%
2020$6,071,373.050.62%
2021$6,376,980.655.03%
2022$6,939,771.588.83%
2023$7,305,381.435.27%
2024$7,594,144.883.95%
2025$7,705,640.131.47%
2026$7,683,191.53-0.29%*

* 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 * $980,000 = $7,683,191.53

Therefore, according to U.S. Bureau of Labor Statistics, $980,000 in 1971 has the same "purchasing power" as $7,683,191.53 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.

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