Dallas, Texas prices: $1,800,000 in 1975 $10,659,553.34 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($1,800,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $8,859,553.34 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, $1,800,000 in Dallas in the year 1975 would cost $10,659,553.34 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 $1,800,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $1,800,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$1,800,000.009.24%
1976$1,909,770.696.10%
1977$2,050,348.957.36%
1978$2,210,668.007.82%
1979$2,485,244.2712.42%
1980$2,906,380.8616.95%
1981$3,247,657.0311.74%
1982$3,443,868.396.04%
1983$3,569,790.633.66%
1984$3,737,587.244.70%
1985$3,877,567.303.75%
1986$3,945,463.611.75%
1987$4,043,868.392.49%
1988$4,161,415.752.91%
1989$4,285,842.472.99%
1990$4,479,661.024.52%
1991$4,689,332.004.68%
1992$4,802,991.032.42%
1993$4,923,230.312.50%
1994$5,062,313.062.83%
1995$5,194,217.352.61%
1996$5,336,291.132.74%
1997$5,431,405.781.78%
1998$5,508,275.171.42%
1999$5,663,808.572.82%
2000$5,901,894.324.20%
2001$6,110,069.793.53%
2002$6,193,220.341.36%
2003$6,323,629.112.11%
2004$6,407,976.071.33%
2005$6,614,955.133.23%
2006$6,821,335.993.12%
2007$6,923,766.701.50%
2008$7,240,552.344.58%
2009$7,192,797.61-0.66%
2010$7,235,132.600.59%
2011$7,454,237.293.03%
2012$7,610,656.032.10%
2013$7,748,721.831.81%
2014$7,840,719.841.19%
2015$7,801,537.39-0.50%
2016$7,910,949.151.40%
2017$8,112,556.332.55%
2018$8,351,294.122.94%
2019$8,526,634.102.10%
2020$8,579,503.490.62%
2021$9,011,359.925.03%
2022$9,806,644.078.83%
2023$10,323,290.135.27%
2024$10,659,553.343.26%*

* 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 * $1,800,000 = $10,659,553.34

Therefore, according to U.S. Bureau of Labor Statistics, $1,800,000 in 1975 has the same "purchasing power" as $10,659,553.34 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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