Dallas, Texas prices: $450,000,000 in 1972 $3,355,830,849.95 in 2024

Inflation in Texas

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Prices in Dallas, 1972-2024 ($450,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 645.74% higher in 2024 versus 1972 (a $2,905,830,849.95 difference in value).

Between 1972 and 2024: Dallas experienced an average inflation rate of 3.94% per year. This rate of change indicates significant inflation. In other words, $450,000,000 in Dallas in the year 1972 would cost $3,355,830,849.95 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation in Dallas was higher.

In the year 1972: Pricing changed by 2.92%, which is below the average yearly change in Dallas during the 1972-2024 time period. Compared to inflation for all items in 1972 (3.27%), 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
Public transportation · Frankfurters · Admission to sporting events · San Francisco, California · More

Buying power of $450,000,000.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $450,000,000 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$450,000,000.002.92%
1973$473,326,337.885.18%
1974$520,262,329.499.92%
1975$568,331,584.479.24%
1976$602,990,556.146.10%
1977$647,376,705.147.36%
1978$697,995,802.737.82%
1979$784,690,451.2112.42%
1980$917,660,020.9916.95%
1981$1,025,414,480.5911.74%
1982$1,087,366,211.966.04%
1983$1,127,124,868.843.66%
1984$1,180,104,931.794.70%
1985$1,224,302,203.573.75%
1986$1,245,739,769.151.75%
1987$1,276,810,073.452.49%
1988$1,313,924,449.112.91%
1989$1,353,210,912.912.99%
1990$1,414,407,135.364.52%
1991$1,480,608,604.414.68%
1992$1,516,495,278.072.42%
1993$1,554,459,601.262.50%
1994$1,598,373,557.192.83%
1995$1,640,020,986.362.61%
1996$1,684,879,328.442.74%
1997$1,714,910,807.971.78%
1998$1,739,181,532.001.42%
1999$1,788,289,611.752.82%
2000$1,863,462,749.214.20%
2001$1,929,192,025.183.53%
2002$1,955,445,960.131.36%
2003$1,996,621,196.222.11%
2004$2,023,252,885.621.33%
2005$2,088,604,407.143.23%
2006$2,153,767,051.423.12%
2007$2,186,108,499.481.50%
2008$2,286,130,325.294.58%
2009$2,271,052,256.03-0.66%
2010$2,284,419,097.590.59%
2011$2,353,599,160.553.03%
2012$2,402,986,778.592.10%
2013$2,446,579,643.231.81%
2014$2,475,627,072.401.19%
2015$2,463,255,613.85-0.50%
2016$2,497,801,259.181.40%
2017$2,561,456,663.172.55%
2018$2,636,835,676.812.94%
2019$2,692,197,481.642.10%
2020$2,708,890,451.210.62%
2021$2,845,244,700.945.03%
2022$3,096,347,534.108.83%
2023$3,259,473,242.395.27%
2024$3,355,830,849.952.96%*

* 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:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1972 * 1972 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 39.708 in the year 1972 and 296.121 in 2024:

296.121 / 39.708 * $450,000,000 = $3,355,830,849.95

Therefore, according to U.S. Bureau of Labor Statistics, $450,000,000 in 1972 has the same "purchasing power" as $3,355,830,849.95 in 2024 (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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