Dallas, Texas prices: $940,000 in 1974 $6,193,721.26 in 2026

Inflation in Texas

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Prices in Dallas, 1974-2026 ($940,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 558.91% higher in 2026 versus 1974 (a $5,253,721.26 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, $940,000 in Dallas in the year 1974 would cost $6,193,721.26 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 $940,000.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $940,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$940,000.009.92%
1975$1,026,850.619.24%
1976$1,089,471.776.10%
1977$1,169,667.827.36%
1978$1,261,125.437.82%
1979$1,417,763.6612.42%
1980$1,658,010.5316.95%
1981$1,852,699.2211.74%
1982$1,964,632.426.04%
1983$2,036,467.603.66%
1984$2,132,190.964.70%
1985$2,212,045.743.75%
1986$2,250,778.731.75%
1987$2,306,915.962.49%
1988$2,373,973.502.91%
1989$2,444,955.532.99%
1990$2,555,523.694.52%
1991$2,675,135.234.68%
1992$2,739,974.592.42%
1993$2,808,567.802.50%
1994$2,887,910.692.83%
1995$2,963,158.472.61%
1996$3,044,207.662.74%
1997$3,098,467.961.78%
1998$3,142,319.841.42%
1999$3,231,047.382.82%
2000$3,366,868.764.20%
2001$3,485,627.163.53%
2002$3,533,062.261.36%
2003$3,607,456.892.11%
2004$3,655,574.511.33%
2005$3,773,650.393.23%
2006$3,891,385.013.12%
2007$3,949,818.911.50%
2008$4,130,536.434.58%
2009$4,103,293.66-0.66%
2010$4,127,444.620.59%
2011$4,252,437.833.03%
2012$4,341,670.432.10%
2013$4,420,433.181.81%
2014$4,472,915.521.19%
2015$4,450,563.01-0.50%
2016$4,512,979.421.40%
2017$4,627,990.782.55%
2018$4,764,184.142.94%
2019$4,864,210.782.10%
2020$4,894,371.320.62%
2021$5,140,733.565.03%
2022$5,594,421.358.83%
2023$5,889,153.755.27%
2024$6,121,937.273.95%
2025$6,211,817.951.47%
2026$6,193,721.26-0.29%*

* 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 * $940,000 = $6,193,721.26

Therefore, according to U.S. Bureau of Labor Statistics, $940,000 in 1974 has the same "purchasing power" as $6,193,721.26 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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