Dallas, Texas prices:$970,000 in 1972$7,389,335.82 in 2026

Inflation in Texas

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Prices in Dallas, 1972-2026 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 661.79% higher in 2026 versus 1972 (a $6,419,335.82 difference in value).

Between 1972 and 2026:Dallas experienced an average inflation rate of 3.83% per year. This rate of change indicates significant inflation. In other words, $970,000 in Dallas in the year 1972 would cost $7,389,335.82 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.87% during this same period, inflation in Dallas was lower.

In the year 1972: Pricing changed by 2.92%, which is below the average yearly change in Dallas during the 1972-2026 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
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Buying power of $970,000.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $970,000 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$970,000.002.92%
1973$1,020,281.225.18%
1974$1,121,454.359.92%
1975$1,225,070.309.24%
1976$1,299,779.646.10%
1977$1,395,456.457.36%
1978$1,504,568.737.82%
1979$1,691,443.8612.42%
1980$1,978,067.1616.95%
1981$2,210,337.8811.74%
1982$2,343,878.286.04%
1983$2,429,580.273.66%
1984$2,543,781.744.70%
1985$2,639,051.423.75%
1986$2,685,261.281.75%
1987$2,752,235.052.49%
1988$2,832,237.152.91%
1989$2,916,921.302.99%
1990$3,048,833.164.52%
1991$3,191,534.104.68%
1992$3,268,889.822.42%
1993$3,350,724.032.50%
1994$3,445,383.002.83%
1995$3,535,156.352.61%
1996$3,631,851.002.74%
1997$3,696,585.521.78%
1998$3,748,902.411.42%
1999$3,854,757.612.82%
2000$4,016,797.484.20%
2001$4,158,480.593.53%
2002$4,215,072.401.36%
2003$4,303,827.912.11%
2004$4,361,234.001.33%
2005$4,502,102.833.23%
2006$4,642,564.533.12%
2007$4,712,278.321.50%
2008$4,927,880.924.58%
2009$4,895,379.31-0.66%
2010$4,924,192.280.59%
2011$5,073,313.753.03%
2012$5,179,771.502.10%
2013$5,273,738.341.81%
2014$5,336,351.691.19%
2015$5,309,684.32-0.50%
2016$5,384,149.381.40%
2017$5,521,362.142.55%
2018$5,683,845.792.94%
2019$5,803,181.242.10%
2020$5,839,163.860.62%
2021$6,133,083.025.03%
2022$6,674,349.138.83%
2023$7,025,975.665.27%
2024$7,303,694.903.95%
2025$7,410,925.841.47%
2026$7,389,335.82-0.29%*

* 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 1972* 1972 USD value = 2026 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 302.493 in 2026:

302.493 / 39.708* $970,000 = $7,389,335.82

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1972 has the same "purchasing power" as $7,389,335.82 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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