Dallas, Texas prices: $20,000,000 in 1975 $118,094,117.65 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($20,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 490.47% higher in 2024 versus 1975 (a $98,094,117.65 difference in value).

Between 1975 and 2024: Dallas experienced an average inflation rate of 3.69% per year. This rate of change indicates significant inflation. In other words, $20,000,000 in Dallas in the year 1975 would cost $118,094,117.65 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.63% 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 $20,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $20,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$20,000,000.009.24%
1976$21,219,674.316.10%
1977$22,781,655.037.36%
1978$24,562,977.737.82%
1979$27,613,825.1912.42%
1980$32,293,120.6416.95%
1981$36,085,078.1011.74%
1982$38,265,204.396.04%
1983$39,664,340.313.66%
1984$41,528,747.094.70%
1985$43,084,081.093.75%
1986$43,838,484.551.75%
1987$44,931,871.052.49%
1988$46,237,952.812.91%
1989$47,620,471.922.99%
1990$49,774,011.304.52%
1991$52,103,688.934.68%
1992$53,366,566.972.42%
1993$54,702,558.992.50%
1994$56,247,922.902.83%
1995$57,713,526.092.61%
1996$59,292,123.632.74%
1997$60,348,953.141.78%
1998$61,203,057.491.42%
1999$62,931,206.382.82%
2000$65,576,603.524.20%
2001$67,889,664.343.53%
2002$68,813,559.321.36%
2003$70,262,545.702.11%
2004$71,199,734.131.33%
2005$73,499,501.503.23%
2006$75,792,622.133.12%
2007$76,930,741.111.50%
2008$80,450,581.594.58%
2009$79,919,973.41-0.66%
2010$80,390,362.250.59%
2011$82,824,858.763.03%
2012$84,562,844.802.10%
2013$86,096,909.271.81%
2014$87,119,109.341.19%
2015$86,683,748.75-0.50%
2016$87,899,435.031.40%
2017$90,139,514.792.55%
2018$92,792,156.862.94%
2019$94,740,378.862.10%
2020$95,327,816.550.62%
2021$100,126,221.345.03%
2022$108,962,711.868.83%
2023$114,703,223.665.27%
2024$118,094,117.652.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 50.150 * $20,000,000 = $118,094,117.65

Therefore, according to U.S. Bureau of Labor Statistics, $20,000,000 in 1975 has the same "purchasing power" as $118,094,117.65 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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