Dallas, Texas prices: $240,000,000 in 1975 $1,421,273,778.66 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($240,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $1,181,273,778.66 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, $240,000,000 in Dallas in the year 1975 would cost $1,421,273,778.66 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.65% 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 $240,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $240,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$240,000,000.009.24%
1976$254,636,091.726.10%
1977$273,379,860.427.36%
1978$294,755,732.807.82%
1979$331,365,902.2912.42%
1980$387,517,447.6616.95%
1981$433,020,937.1911.74%
1982$459,182,452.646.04%
1983$475,972,083.753.66%
1984$498,344,965.104.70%
1985$517,008,973.083.75%
1986$526,061,814.561.75%
1987$539,182,452.642.49%
1988$554,855,433.702.91%
1989$571,445,663.012.99%
1990$597,288,135.594.52%
1991$625,244,267.204.68%
1992$640,398,803.592.42%
1993$656,430,707.882.50%
1994$674,975,074.782.83%
1995$692,562,313.062.61%
1996$711,505,483.552.74%
1997$724,187,437.691.78%
1998$734,436,689.931.42%
1999$755,174,476.572.82%
2000$786,919,242.274.20%
2001$814,675,972.083.53%
2002$825,762,711.861.36%
2003$843,150,548.352.11%
2004$854,396,809.571.33%
2005$881,994,017.953.23%
2006$909,511,465.603.12%
2007$923,168,893.321.50%
2008$965,406,979.064.58%
2009$959,039,680.96-0.66%
2010$964,684,346.960.59%
2011$993,898,305.083.03%
2012$1,014,754,137.592.10%
2013$1,033,162,911.271.81%
2014$1,045,429,312.061.19%
2015$1,040,204,985.04-0.50%
2016$1,054,793,220.341.40%
2017$1,081,674,177.472.55%
2018$1,113,505,882.352.94%
2019$1,136,884,546.362.10%
2020$1,143,933,798.600.62%
2021$1,201,514,656.035.03%
2022$1,307,552,542.378.83%
2023$1,376,438,683.955.27%
2024$1,421,273,778.663.26%*

* 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 * $240,000,000 = $1,421,273,778.66

Therefore, according to U.S. Bureau of Labor Statistics, $240,000,000 in 1975 has the same "purchasing power" as $1,421,273,778.66 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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