Dallas, Texas prices: $240,000 in 1974 $1,581,375.64 in 2026

Inflation in Texas

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Prices in Dallas, 1974-2026 ($240,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 558.91% higher in 2026 versus 1974 (a $1,341,375.64 difference in value).

Between 1974 and 2026: Dallas experienced an average inflation rate of 3.69% per year. This rate of change indicates significant inflation. In other words, $240,000 in Dallas in the year 1974 would cost $1,581,375.64 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.69% 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 1974-2026 time period. Compared to inflation for all items in 1974 (11.05%), 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 $240,000.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $240,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$240,000.009.92%
1975$262,174.629.24%
1976$278,163.016.10%
1977$298,638.597.36%
1978$321,989.477.82%
1979$361,982.2112.42%
1980$423,321.8416.95%
1981$473,029.5911.74%
1982$501,608.286.04%
1983$519,949.173.66%
1984$544,389.184.70%
1985$564,777.643.75%
1986$574,666.911.75%
1987$588,999.822.49%
1988$606,120.892.91%
1989$624,243.962.99%
1990$652,474.134.52%
1991$683,013.254.68%
1992$699,567.982.42%
1993$717,081.142.50%
1994$737,338.902.83%
1995$756,551.102.61%
1996$777,244.512.74%
1997$791,098.201.78%
1998$802,294.431.42%
1999$824,948.272.82%
2000$859,626.074.20%
2001$889,947.363.53%
2002$902,058.451.36%
2003$921,052.822.11%
2004$933,338.171.33%
2005$963,485.213.23%
2006$993,545.113.12%
2007$1,008,464.401.50%
2008$1,054,605.054.58%
2009$1,047,649.45-0.66%
2010$1,053,815.650.59%
2011$1,085,728.813.03%
2012$1,108,511.602.10%
2013$1,128,621.241.81%
2014$1,142,020.981.19%
2015$1,136,313.96-0.50%
2016$1,152,250.061.40%
2017$1,181,614.672.55%
2018$1,216,387.442.94%
2019$1,241,926.162.10%
2020$1,249,626.720.62%
2021$1,312,527.725.03%
2022$1,428,362.908.83%
2023$1,503,613.725.27%
2024$1,563,047.813.95%
2025$1,585,996.071.47%
2026$1,581,375.64-0.29%*

* 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 1974 * 1974 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 45.908 in the year 1974 and 302.493 in 2026:

302.493 / 45.908 * $240,000 = $1,581,375.64

Therefore, according to U.S. Bureau of Labor Statistics, $240,000 in 1974 has the same "purchasing power" as $1,581,375.64 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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