Dallas, Texas prices:$980,000 in 1974$6,457,283.86 in 2026

Inflation in Texas

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Prices in Dallas, 1974-2026 ($980,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 558.91% higher in 2026 versus 1974 (a $5,477,283.86 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, $980,000 in Dallas in the year 1974 would cost $6,457,283.86 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 $980,000.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $980,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$980,000.009.92%
1975$1,070,546.389.24%
1976$1,135,832.276.10%
1977$1,219,440.917.36%
1978$1,314,790.347.82%
1979$1,478,094.0312.42%
1980$1,728,564.1716.95%
1981$1,931,537.4811.74%
1982$2,048,233.806.04%
1983$2,123,125.793.66%
1984$2,222,922.494.70%
1985$2,306,175.353.75%
1986$2,346,556.541.75%
1987$2,405,082.592.49%
1988$2,474,993.652.91%
1989$2,548,996.192.99%
1990$2,664,269.384.52%
1991$2,788,970.784.68%
1992$2,856,569.252.42%
1993$2,928,081.322.50%
1994$3,010,800.512.83%
1995$3,089,250.322.61%
1996$3,173,748.412.74%
1997$3,230,317.661.78%
1998$3,276,035.581.42%
1999$3,368,538.752.82%
2000$3,510,139.774.20%
2001$3,633,951.723.53%
2002$3,683,405.341.36%
2003$3,760,965.692.11%
2004$3,811,130.881.33%
2005$3,934,231.263.23%
2006$4,056,975.863.12%
2007$4,117,896.321.50%
2008$4,306,303.944.58%
2009$4,277,901.91-0.66%
2010$4,303,080.560.59%
2011$4,433,392.633.03%
2012$4,526,422.362.10%
2013$4,608,536.721.81%
2014$4,663,252.351.19%
2015$4,639,948.67-0.50%
2016$4,705,021.091.40%
2017$4,824,926.562.55%
2018$4,966,915.372.94%
2019$5,071,198.482.10%
2020$5,102,642.440.62%
2021$5,359,488.185.03%
2022$5,832,481.838.83%
2023$6,139,756.045.27%
2024$6,382,445.243.95%
2025$6,476,150.631.47%
2026$6,457,283.86-0.29%*

* 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* $980,000 = $6,457,283.86

Therefore, according to U.S. Bureau of Labor Statistics, $980,000 in 1974 has the same "purchasing power" as $6,457,283.86 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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