Dallas, Texas prices: $970,000 in 1973 $7,025,176.62 in 2026

Inflation in Texas

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Prices in Dallas, 1973-2026 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 624.25% higher in 2026 versus 1973 (a $6,055,176.62 difference in value).

Between 1973 and 2026: Dallas experienced an average inflation rate of 3.81% per year. This rate of change indicates significant inflation. In other words, $970,000 in Dallas in the year 1973 would cost $7,025,176.62 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.82% during this same period, inflation in Dallas was lower.

In the year 1973: Pricing changed by 5.18%, which is above the average yearly change in Dallas during the 1973-2026 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%).

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Buying power of $970,000.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $970,000 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$970,000.005.18%
1974$1,066,187.159.92%
1975$1,164,696.739.24%
1976$1,235,724.266.10%
1977$1,326,685.957.36%
1978$1,430,420.997.82%
1979$1,608,086.5912.42%
1980$1,880,584.6016.95%
1981$2,101,408.6211.74%
1982$2,228,367.926.04%
1983$2,309,846.373.66%
1984$2,418,419.794.70%
1985$2,508,994.413.75%
1986$2,552,926.981.75%
1987$2,616,600.162.49%
1988$2,692,659.622.91%
1989$2,773,170.392.99%
1990$2,898,581.404.52%
1991$3,034,249.804.68%
1992$3,107,793.302.42%
1993$3,185,594.572.50%
1994$3,275,588.592.83%
1995$3,360,937.752.61%
1996$3,452,867.122.74%
1997$3,514,411.411.78%
1998$3,564,150.041.42%
1999$3,664,788.512.82%
2000$3,818,842.784.20%
2001$3,953,543.503.53%
2002$4,007,346.371.36%
2003$4,091,727.852.11%
2004$4,146,304.871.33%
2005$4,280,231.443.23%
2006$4,413,770.953.12%
2007$4,480,049.121.50%
2008$4,685,026.464.58%
2009$4,654,126.58-0.66%
2010$4,681,519.590.59%
2011$4,823,292.103.03%
2012$4,924,503.432.10%
2013$5,013,839.431.81%
2014$5,073,367.081.19%
2015$5,048,013.93-0.50%
2016$5,118,809.221.40%
2017$5,249,259.902.55%
2018$5,403,736.072.94%
2019$5,517,190.462.10%
2020$5,551,399.800.62%
2021$5,830,834.125.03%
2022$6,345,425.708.83%
2023$6,679,723.465.27%
2024$6,943,756.233.95%
2025$7,045,702.641.47%
2026$7,025,176.62-0.29%*

* 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 1973 * 1973 USD value = 2026 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 302.493 in 2026:

302.493 / 41.767 * $970,000 = $7,025,176.62

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1973 has the same "purchasing power" as $7,025,176.62 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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