Dallas, Texas prices: $11,000,000 in 1975 $65,141,714.86 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($11,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $54,141,714.86 difference in value).

Between 1975 and 2024: Dallas experienced an average inflation rate of 3.70% per year. This rate of change indicates significant inflation. In other words, $11,000,000 in Dallas in the year 1975 would cost $65,141,714.86 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.64% during this same period, inflation in Dallas was higher.

In the year 1975: Pricing changed by 9.24%, which is significantly above the average yearly change in Dallas during the 1975-2024 time period. Compared to inflation for all items in 1975 (9.14%), inflation in Dallas was higher.

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 $11,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $11,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$11,000,000.009.24%
1976$11,670,820.876.10%
1977$12,529,910.277.36%
1978$13,509,637.757.82%
1979$15,187,603.8612.42%
1980$17,761,216.3516.95%
1981$19,846,792.9511.74%
1982$21,045,862.416.04%
1983$21,815,387.173.66%
1984$22,840,810.904.70%
1985$23,696,244.603.75%
1986$24,111,166.501.75%
1987$24,712,529.082.49%
1988$25,430,874.042.91%
1989$26,191,259.552.99%
1990$27,375,706.214.52%
1991$28,657,028.914.68%
1992$29,351,611.832.42%
1993$30,086,407.442.50%
1994$30,936,357.592.83%
1995$31,742,439.352.61%
1996$32,610,668.002.74%
1997$33,191,924.231.78%
1998$33,661,681.621.42%
1999$34,612,163.512.82%
2000$36,067,131.944.20%
2001$37,339,315.393.53%
2002$37,847,457.631.36%
2003$38,644,400.132.11%
2004$39,159,853.771.33%
2005$40,424,725.823.23%
2006$41,685,942.173.12%
2007$42,311,907.611.50%
2008$44,247,819.874.58%
2009$43,955,985.38-0.66%
2010$44,214,699.240.59%
2011$45,553,672.323.03%
2012$46,509,564.642.10%
2013$47,353,300.101.81%
2014$47,915,510.141.19%
2015$47,676,061.81-0.50%
2016$48,344,689.271.40%
2017$49,576,733.132.55%
2018$51,035,686.272.94%
2019$52,107,208.372.10%
2020$52,430,299.100.62%
2021$55,069,421.735.03%
2022$59,929,491.538.83%
2023$63,086,773.015.27%
2024$65,141,714.863.26%*

* 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:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1975 * 1975 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 50.150 in the year 1975 and 296.987 in 2024:

296.987 / 50.150 * $11,000,000 = $65,141,714.86

Therefore, according to U.S. Bureau of Labor Statistics, $11,000,000 in 1975 has the same "purchasing power" as $65,141,714.86 in 2024 (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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