Dallas, Texas prices: $400,000 in 1973 $2,844,249 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($400,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 611.06% higher in 2024 versus 1973 (a $2,444,249 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, $400,000 in Dallas in the year 1973 would cost $2,844,249 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.

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 $400,000.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $400,000 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$400,000.005.18%
1974$439,664.809.92%
1975$480,287.319.24%
1976$509,577.026.10%
1977$547,086.997.36%
1978$589,864.337.82%
1979$663,128.4912.42%
1980$775,498.8016.95%
1981$866,560.2611.74%
1982$918,914.606.04%
1983$952,513.973.66%
1984$997,286.514.70%
1985$1,034,636.873.75%
1986$1,052,753.391.75%
1987$1,079,010.382.49%
1988$1,110,375.102.91%
1989$1,143,575.422.99%
1990$1,195,291.304.52%
1991$1,251,237.034.68%
1992$1,281,564.252.42%
1993$1,313,647.252.50%
1994$1,350,758.182.83%
1995$1,385,953.712.61%
1996$1,423,862.732.74%
1997$1,449,241.821.78%
1998$1,469,752.591.42%
1999$1,511,252.992.82%
2000$1,574,780.534.20%
2001$1,630,327.213.53%
2002$1,652,513.971.36%
2003$1,687,310.452.11%
2004$1,709,816.441.33%
2005$1,765,043.893.23%
2006$1,820,111.733.12%
2007$1,847,442.941.50%
2008$1,931,969.674.58%
2009$1,919,227.45-0.66%
2010$1,930,523.540.59%
2011$1,988,986.433.03%
2012$2,030,723.062.10%
2013$2,067,562.651.81%
2014$2,092,110.141.19%
2015$2,081,655.23-0.50%
2016$2,110,849.161.40%
2017$2,164,643.262.55%
2018$2,228,344.772.94%
2019$2,275,130.092.10%
2020$2,289,237.030.62%
2021$2,404,467.685.03%
2022$2,616,670.398.83%
2023$2,754,525.145.27%
2024$2,844,249.003.26%*

* 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:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

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 296.987 in 2024:

296.987 / 41.767 * $400,000 = $2,844,249

Therefore, according to U.S. Bureau of Labor Statistics, $400,000 in 1973 has the same "purchasing power" as $2,844,249 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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