Dallas, Texas prices: $15,000,000 in 1975 $88,829,611.17 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($15,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $73,829,611.17 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, $15,000,000 in Dallas in the year 1975 would cost $88,829,611.17 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 $15,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $15,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$15,000,000.009.24%
1976$15,914,755.736.10%
1977$17,086,241.287.36%
1978$18,422,233.307.82%
1979$20,710,368.8912.42%
1980$24,219,840.4816.95%
1981$27,063,808.5711.74%
1982$28,698,903.296.04%
1983$29,748,255.233.66%
1984$31,146,560.324.70%
1985$32,313,060.823.75%
1986$32,878,863.411.75%
1987$33,698,903.292.49%
1988$34,678,464.612.91%
1989$35,715,353.942.99%
1990$37,330,508.474.52%
1991$39,077,766.704.68%
1992$40,024,925.222.42%
1993$41,026,919.242.50%
1994$42,185,942.172.83%
1995$43,285,144.572.61%
1996$44,469,092.722.74%
1997$45,261,714.861.78%
1998$45,902,293.121.42%
1999$47,198,404.792.82%
2000$49,182,452.644.20%
2001$50,917,248.263.53%
2002$51,610,169.491.36%
2003$52,696,909.272.11%
2004$53,399,800.601.33%
2005$55,124,626.123.23%
2006$56,844,466.603.12%
2007$57,698,055.831.50%
2008$60,337,936.194.58%
2009$59,939,980.06-0.66%
2010$60,292,771.680.59%
2011$62,118,644.073.03%
2012$63,422,133.602.10%
2013$64,572,681.951.81%
2014$65,339,332.001.19%
2015$65,012,811.57-0.50%
2016$65,924,576.271.40%
2017$67,604,636.092.55%
2018$69,594,117.652.94%
2019$71,055,284.152.10%
2020$71,495,862.410.62%
2021$75,094,666.005.03%
2022$81,722,033.908.83%
2023$86,027,417.755.27%
2024$88,829,611.173.26%*

* 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 * $15,000,000 = $88,829,611.17

Therefore, according to U.S. Bureau of Labor Statistics, $15,000,000 in 1975 has the same "purchasing power" as $88,829,611.17 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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