According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 611.06% higher in 2024 versus 1973 (a $18,331,867.52 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, $3,000,000 in Dallas in the year 1973 would cost $21,331,867.52 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.89% 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.
Below are calculations of equivalent buying power in Dallas, over time, for $3,000,000 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1973 | $3,000,000.00 | 5.18% |
| 1974 | $3,297,486.03 | 9.92% |
| 1975 | $3,602,154.83 | 9.24% |
| 1976 | $3,821,827.61 | 6.10% |
| 1977 | $4,103,152.43 | 7.36% |
| 1978 | $4,423,982.44 | 7.82% |
| 1979 | $4,973,463.69 | 12.42% |
| 1980 | $5,816,241.02 | 16.95% |
| 1981 | $6,499,201.92 | 11.74% |
| 1982 | $6,891,859.54 | 6.04% |
| 1983 | $7,143,854.75 | 3.66% |
| 1984 | $7,479,648.84 | 4.70% |
| 1985 | $7,759,776.54 | 3.75% |
| 1986 | $7,895,650.44 | 1.75% |
| 1987 | $8,092,577.81 | 2.49% |
| 1988 | $8,327,813.25 | 2.91% |
| 1989 | $8,576,815.64 | 2.99% |
| 1990 | $8,964,684.76 | 4.52% |
| 1991 | $9,384,277.73 | 4.68% |
| 1992 | $9,611,731.84 | 2.42% |
| 1993 | $9,852,354.35 | 2.50% |
| 1994 | $10,130,686.35 | 2.83% |
| 1995 | $10,394,652.83 | 2.61% |
| 1996 | $10,678,970.47 | 2.74% |
| 1997 | $10,869,313.65 | 1.78% |
| 1998 | $11,023,144.45 | 1.42% |
| 1999 | $11,334,397.45 | 2.82% |
| 2000 | $11,810,853.95 | 4.20% |
| 2001 | $12,227,454.11 | 3.53% |
| 2002 | $12,393,854.75 | 1.36% |
| 2003 | $12,654,828.41 | 2.11% |
| 2004 | $12,823,623.30 | 1.33% |
| 2005 | $13,237,829.21 | 3.23% |
| 2006 | $13,650,837.99 | 3.12% |
| 2007 | $13,855,822.03 | 1.50% |
| 2008 | $14,489,772.55 | 4.58% |
| 2009 | $14,394,205.91 | -0.66% |
| 2010 | $14,478,926.58 | 0.59% |
| 2011 | $14,917,398.24 | 3.03% |
| 2012 | $15,230,422.98 | 2.10% |
| 2013 | $15,506,719.87 | 1.81% |
| 2014 | $15,690,826.02 | 1.19% |
| 2015 | $15,612,414.21 | -0.50% |
| 2016 | $15,831,368.72 | 1.40% |
| 2017 | $16,234,824.42 | 2.55% |
| 2018 | $16,712,585.79 | 2.94% |
| 2019 | $17,063,475.66 | 2.10% |
| 2020 | $17,169,277.73 | 0.62% |
| 2021 | $18,033,507.58 | 5.03% |
| 2022 | $19,625,027.93 | 8.83% |
| 2023 | $20,658,938.55 | 5.27% |
| 2024 | $21,331,867.52 | 3.26%* |
* 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:
| Year | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 29.500 | 29.533 | 29.850 | 30.883 | 31.833 | 33.150 | 35.242 | 37.433 | 38.583 | 39.708 | 41.767 | 45.908 | 50.150 | 53.208 | 57.125 | 61.592 | 69.242 | 80.975 | 90.483 | 95.950 | 99.458 | 104.133 | 108.033 | 109.925 | 112.667 | 115.942 | 119.408 | 124.808 | 130.650 | 133.817 | 137.167 | 141.042 | 144.717 | 148.675 | 151.325 | 153.467 | 157.800 | 164.433 | 170.233 | 172.550 | 176.183 | 178.533 | 184.300 | 190.050 | 192.904 | 201.730 | 200.399 | 201.579 | 207.683 | 212.041 | 215.888 | 218.451 | 217.359 | 220.408 | 226.025 | 232.676 | 237.561 | 239.035 | 251.066 | 273.224 | 287.618 | 296.987 |