Dallas, Texas prices: $970,000 in 1974 $6,410,548.21 in 2025

Inflation in Texas

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Prices in Dallas, 1974-2025 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 560.88% higher in 2025 versus 1974 (a $5,440,548.21 difference in value).

Between 1974 and 2025: Dallas experienced an average inflation rate of 3.77% per year. This rate of change indicates significant inflation. In other words, $970,000 in Dallas in the year 1974 would cost $6,410,548.21 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.74% 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 1974-2025 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 $970,000.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $970,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$970,000.009.92%
1975$1,059,622.449.24%
1976$1,124,242.156.10%
1977$1,206,997.647.36%
1978$1,301,374.127.82%
1979$1,463,011.4412.42%
1980$1,710,925.7616.95%
1981$1,911,827.9211.74%
1982$2,027,333.456.04%
1983$2,101,461.253.66%
1984$2,200,239.614.70%
1985$2,282,642.953.75%
1986$2,322,612.091.75%
1987$2,380,540.932.49%
1988$2,449,738.612.91%
1989$2,522,986.022.99%
1990$2,637,082.964.52%
1991$2,760,511.894.68%
1992$2,827,420.582.42%
1993$2,898,202.942.50%
1994$2,980,078.052.83%
1995$3,057,727.362.61%
1996$3,141,363.222.74%
1997$3,197,355.241.78%
1998$3,242,606.641.42%
1999$3,334,165.912.82%
2000$3,474,322.024.20%
2001$3,596,870.583.53%
2002$3,645,819.571.36%
2003$3,722,588.492.11%
2004$3,772,241.791.33%
2005$3,894,086.043.23%
2006$4,015,578.143.12%
2007$4,075,876.961.50%
2008$4,262,362.064.58%
2009$4,234,249.85-0.66%
2010$4,259,171.570.59%
2011$4,388,153.933.03%
2012$4,480,234.382.10%
2013$4,561,510.841.81%
2014$4,615,668.141.19%
2015$4,592,602.25-0.50%
2016$4,657,010.671.40%
2017$4,775,692.612.55%
2018$4,916,232.562.94%
2019$5,019,451.552.10%
2020$5,050,574.660.62%
2021$5,304,799.535.03%
2022$5,772,966.718.83%
2023$6,077,105.465.27%
2024$6,317,318.243.95%
2025$6,410,548.211.48%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.400

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1974 * 1974 USD value = 2025 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 303.400 in 2025:

303.400 / 45.908 * $970,000 = $6,410,548.21

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1974 has the same "purchasing power" as $6,410,548.21 in 2025 (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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