Dallas, Texas prices: $17,000,000 in 1973 $120,528,100.56 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($17,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 608.99% higher in 2024 versus 1973 (a $103,528,100.56 difference in value).

Between 1973 and 2024: Dallas experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, $17,000,000 in Dallas in the year 1973 would cost $120,528,100.56 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.88% during this same period, inflation in Dallas was higher.

In the year 1973: Pricing changed by 5.18%, which is above the average yearly change in Dallas during the 1973-2024 time period. Compared to inflation for all items in 1973 (6.18%), 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 $17,000,000.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $17,000,000 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$17,000,000.005.18%
1974$18,685,754.199.92%
1975$20,412,210.699.24%
1976$21,657,023.146.10%
1977$23,251,197.137.36%
1978$25,069,233.847.82%
1979$28,182,960.8912.42%
1980$32,958,699.1216.95%
1981$36,828,810.8511.74%
1982$39,053,870.716.04%
1983$40,481,843.583.66%
1984$42,384,676.784.70%
1985$43,972,067.043.75%
1986$44,742,019.151.75%
1987$45,857,940.942.49%
1988$47,190,941.742.91%
1989$48,601,955.312.99%
1990$50,799,880.294.52%
1991$53,177,573.824.68%
1992$54,466,480.452.42%
1993$55,830,007.982.50%
1994$57,407,222.672.83%
1995$58,903,032.722.61%
1996$60,514,166.002.74%
1997$61,592,777.331.78%
1998$62,464,485.241.42%
1999$64,228,252.192.82%
2000$66,928,172.394.20%
2001$69,288,906.623.53%
2002$70,231,843.581.36%
2003$71,710,694.332.11%
2004$72,667,198.721.33%
2005$75,014,365.523.23%
2006$77,354,748.603.12%
2007$78,516,324.821.50%
2008$82,108,711.094.58%
2009$81,567,166.80-0.66%
2010$82,047,250.600.59%
2011$84,531,923.383.03%
2012$86,305,730.252.10%
2013$87,871,412.611.81%
2014$88,914,680.771.19%
2015$88,470,347.17-0.50%
2016$89,711,089.391.40%
2017$91,997,338.392.55%
2018$94,704,652.832.94%
2019$96,693,028.732.10%
2020$97,292,573.820.62%
2021$102,189,876.305.03%
2022$111,208,491.628.83%
2023$117,067,318.445.27%
2024$120,528,100.562.96%*

* 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 1973 * 1973 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 41.767 in the year 1973 and 296.121 in 2024:

296.121 / 41.767 * $17,000,000 = $120,528,100.56

Therefore, according to U.S. Bureau of Labor Statistics, $17,000,000 in 1973 has the same "purchasing power" as $120,528,100.56 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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