Dallas, Texas prices: $950,000 in 1974 $6,259,611.91 in 2026

Inflation in Texas

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Prices in Dallas, 1974-2026 ($950,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 558.91% higher in 2026 versus 1974 (a $5,309,611.91 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, $950,000 in Dallas in the year 1974 would cost $6,259,611.91 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 $950,000.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $950,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$950,000.009.92%
1975$1,037,774.559.24%
1976$1,101,061.906.10%
1977$1,182,111.097.36%
1978$1,274,541.667.82%
1979$1,432,846.2512.42%
1980$1,675,648.9416.95%
1981$1,872,408.7911.74%
1982$1,985,532.766.04%
1983$2,058,132.153.66%
1984$2,154,873.844.70%
1985$2,235,578.143.75%
1986$2,274,723.181.75%
1987$2,331,457.612.49%
1988$2,399,228.542.91%
1989$2,470,965.692.99%
1990$2,582,710.114.52%
1991$2,703,594.124.68%
1992$2,769,123.252.42%
1993$2,838,446.182.50%
1994$2,918,633.152.83%
1995$2,994,681.432.61%
1996$3,076,592.852.74%
1997$3,131,430.391.78%
1998$3,175,748.771.42%
1999$3,265,420.222.82%
2000$3,402,686.514.20%
2001$3,522,708.303.53%
2002$3,570,648.031.36%
2003$3,645,834.092.11%
2004$3,694,463.611.33%
2005$3,813,795.613.23%
2006$3,932,782.723.12%
2007$3,991,838.261.50%
2008$4,174,478.314.58%
2009$4,146,945.73-0.66%
2010$4,171,353.600.59%
2011$4,297,676.533.03%
2012$4,387,858.412.10%
2013$4,467,459.071.81%
2014$4,520,499.731.19%
2015$4,497,909.42-0.50%
2016$4,560,989.831.40%
2017$4,677,224.722.55%
2018$4,814,866.942.94%
2019$4,915,957.712.10%
2020$4,946,439.100.62%
2021$5,195,422.225.03%
2022$5,653,936.478.83%
2023$5,951,804.325.27%
2024$6,187,064.263.95%
2025$6,277,901.121.47%
2026$6,259,611.91-0.29%*

* 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 * $950,000 = $6,259,611.91

Therefore, according to U.S. Bureau of Labor Statistics, $950,000 in 1974 has the same "purchasing power" as $6,259,611.91 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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