According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $10,938,261.03 difference in value).
Between 1974 and 2024: Dallas experienced an average inflation rate of 3.80% per year. This rate of change indicates significant inflation. In other words, $2,000,000 in Dallas in the year 1974 would cost $12,938,261.03 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.75% during this same period, inflation in Dallas was higher.
In the year 1974: Pricing changed by 9.92%, which is significantly above the average yearly change in Dallas during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), inflation in Dallas was lower.
Below are calculations of equivalent buying power in Dallas, over time, for $2,000,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1974 | $2,000,000.00 | 9.92% |
| 1975 | $2,184,788.53 | 9.24% |
| 1976 | $2,318,025.05 | 6.10% |
| 1977 | $2,488,654.93 | 7.36% |
| 1978 | $2,683,245.60 | 7.82% |
| 1979 | $3,016,518.42 | 12.42% |
| 1980 | $3,527,681.97 | 16.95% |
| 1981 | $3,941,913.23 | 11.74% |
| 1982 | $4,180,068.98 | 6.04% |
| 1983 | $4,332,909.78 | 3.66% |
| 1984 | $4,536,576.51 | 4.70% |
| 1985 | $4,706,480.30 | 3.75% |
| 1986 | $4,788,890.91 | 1.75% |
| 1987 | $4,908,331.82 | 2.49% |
| 1988 | $5,051,007.44 | 2.91% |
| 1989 | $5,202,033.04 | 2.99% |
| 1990 | $5,437,284.44 | 4.52% |
| 1991 | $5,691,777.09 | 4.68% |
| 1992 | $5,829,733.16 | 2.42% |
| 1993 | $5,975,676.17 | 2.50% |
| 1994 | $6,144,490.83 | 2.83% |
| 1995 | $6,304,592.49 | 2.61% |
| 1996 | $6,477,037.57 | 2.74% |
| 1997 | $6,592,485.02 | 1.78% |
| 1998 | $6,685,786.89 | 1.42% |
| 1999 | $6,874,568.89 | 2.82% |
| 2000 | $7,163,550.55 | 4.20% |
| 2001 | $7,416,227.99 | 3.53% |
| 2002 | $7,517,153.75 | 1.36% |
| 2003 | $7,675,440.19 | 2.11% |
| 2004 | $7,777,818.12 | 1.33% |
| 2005 | $8,029,043.38 | 3.23% |
| 2006 | $8,279,542.57 | 3.12% |
| 2007 | $8,403,870.03 | 1.50% |
| 2008 | $8,788,375.39 | 4.58% |
| 2009 | $8,730,412.05 | -0.66% |
| 2010 | $8,781,797.06 | 0.59% |
| 2011 | $9,047,740.06 | 3.03% |
| 2012 | $9,237,596.66 | 2.10% |
| 2013 | $9,405,176.98 | 1.81% |
| 2014 | $9,516,841.53 | 1.19% |
| 2015 | $9,469,282.99 | -0.50% |
| 2016 | $9,602,083.86 | 1.40% |
| 2017 | $9,846,788.89 | 2.55% |
| 2018 | $10,136,561.99 | 2.94% |
| 2019 | $10,349,384.64 | 2.10% |
| 2020 | $10,413,556.00 | 0.62% |
| 2021 | $10,937,730.99 | 5.03% |
| 2022 | $11,903,024.14 | 8.83% |
| 2023 | $12,530,114.36 | 5.27% |
| 2024 | $12,938,261.03 | 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 |