Dallas, Texas prices:$3,000,000 in 1974$19,816,990.38 in 2026

Inflation in Texas

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Prices in Dallas, 1974-2026 ($3,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 560.57% higher in 2026 versus 1974 (a $16,816,990.38 difference in value).

Between 1974 and 2026:Dallas experienced an average inflation rate of 3.70% per year. This rate of change indicates significant inflation. In other words, $3,000,000 in Dallas in the year 1974 would cost $19,816,990.38 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.70% during this same period, inflation in Dallas was lower.

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 $3,000,000.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $3,000,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$3,000,000.009.92%
1975$3,277,182.799.24%
1976$3,477,037.576.10%
1977$3,732,982.397.36%
1978$4,024,868.407.82%
1979$4,524,777.6412.42%
1980$5,291,522.9616.95%
1981$5,912,869.8511.74%
1982$6,270,103.476.04%
1983$6,499,364.683.66%
1984$6,804,864.774.70%
1985$7,059,720.463.75%
1986$7,183,336.361.75%
1987$7,362,497.732.49%
1988$7,576,511.162.91%
1989$7,803,049.562.99%
1990$8,155,926.674.52%
1991$8,537,665.644.68%
1992$8,744,599.752.42%
1993$8,963,514.252.50%
1994$9,216,736.252.83%
1995$9,456,888.732.61%
1996$9,715,556.362.74%
1997$9,888,727.541.78%
1998$10,028,680.341.42%
1999$10,311,853.332.82%
2000$10,745,325.834.20%
2001$11,124,341.993.53%
2002$11,275,730.621.36%
2003$11,513,160.282.11%
2004$11,666,727.171.33%
2005$12,043,565.083.23%
2006$12,419,313.853.12%
2007$12,605,805.051.50%
2008$13,182,563.084.58%
2009$13,095,618.08-0.66%
2010$13,172,695.590.59%
2011$13,571,610.093.03%
2012$13,856,394.992.10%
2013$14,107,765.471.81%
2014$14,275,262.301.19%
2015$14,203,924.49-0.50%
2016$14,403,125.791.40%
2017$14,770,183.342.55%
2018$15,204,842.982.94%
2019$15,524,076.962.10%
2020$15,620,334.000.62%
2021$16,406,596.485.03%
2022$17,854,536.218.83%
2023$18,795,171.545.27%
2024$19,538,097.663.95%
2025$19,820,137.961.44%
2026$19,816,990.38-0.02%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.303303.255

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 303.255 in 2026:

303.255 / 45.908* $3,000,000 = $19,816,990.38

Therefore, according to U.S. Bureau of Labor Statistics, $3,000,000 in 1974 has the same "purchasing power" as $19,816,990.38 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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