Dallas, Texas prices: $21,000,000 in 1975 $124,361,455.63 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($21,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $103,361,455.63 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, $21,000,000 in Dallas in the year 1975 would cost $124,361,455.63 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
Rent of primary residence · Bread · College tuition and fees · Fresh fruits · More

Buying power of $21,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $21,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$21,000,000.009.24%
1976$22,280,658.036.10%
1977$23,920,737.797.36%
1978$25,791,126.627.82%
1979$28,994,516.4512.42%
1980$33,907,776.6716.95%
1981$37,889,332.0011.74%
1982$40,178,464.616.04%
1983$41,647,557.333.66%
1984$43,605,184.454.70%
1985$45,238,285.143.75%
1986$46,030,408.771.75%
1987$47,178,464.612.49%
1988$48,549,850.452.91%
1989$50,001,495.512.99%
1990$52,262,711.864.52%
1991$54,708,873.384.68%
1992$56,034,895.312.42%
1993$57,437,686.942.50%
1994$59,060,319.042.83%
1995$60,599,202.392.61%
1996$62,256,729.812.74%
1997$63,366,400.801.78%
1998$64,263,210.371.42%
1999$66,077,766.702.82%
2000$68,855,433.704.20%
2001$71,284,147.563.53%
2002$72,254,237.291.36%
2003$73,775,672.982.11%
2004$74,759,720.841.33%
2005$77,174,476.573.23%
2006$79,582,253.243.12%
2007$80,777,278.171.50%
2008$84,473,110.674.58%
2009$83,915,972.08-0.66%
2010$84,409,880.360.59%
2011$86,966,101.693.03%
2012$88,790,987.042.10%
2013$90,401,754.741.81%
2014$91,475,064.811.19%
2015$91,017,936.19-0.50%
2016$92,294,406.781.40%
2017$94,646,490.532.55%
2018$97,431,764.712.94%
2019$99,477,397.812.10%
2020$100,094,207.380.62%
2021$105,132,532.405.03%
2022$114,410,847.468.83%
2023$120,438,384.855.27%
2024$124,361,455.633.26%*

* 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 * $21,000,000 = $124,361,455.63

Therefore, according to U.S. Bureau of Labor Statistics, $21,000,000 in 1975 has the same "purchasing power" as $124,361,455.63 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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