Dallas, Texas prices: $38,000,000 in 1975 $225,035,014.96 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($38,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $187,035,014.96 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, $38,000,000 in Dallas in the year 1975 would cost $225,035,014.96 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 $38,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $38,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$38,000,000.009.24%
1976$40,317,381.196.10%
1977$43,285,144.577.36%
1978$46,669,657.697.82%
1979$52,466,267.8612.42%
1980$61,356,929.2116.95%
1981$68,561,648.3911.74%
1982$72,703,888.336.04%
1983$75,362,246.593.66%
1984$78,904,619.474.70%
1985$81,859,754.073.75%
1986$83,293,120.641.75%
1987$85,370,555.002.49%
1988$87,852,110.342.91%
1989$90,478,896.642.99%
1990$94,570,621.474.52%
1991$98,997,008.974.68%
1992$101,396,477.232.42%
1993$103,934,862.082.50%
1994$106,871,053.512.83%
1995$109,655,699.572.61%
1996$112,655,034.902.74%
1997$114,663,010.971.78%
1998$116,285,809.241.42%
1999$119,569,292.122.82%
2000$124,595,546.694.20%
2001$128,990,362.253.53%
2002$130,745,762.711.36%
2003$133,498,836.822.11%
2004$135,279,494.851.33%
2005$139,649,052.843.23%
2006$144,005,982.053.12%
2007$146,168,408.111.50%
2008$152,856,105.024.58%
2009$151,847,949.48-0.66%
2010$152,741,688.270.59%
2011$157,367,231.643.03%
2012$160,669,405.122.10%
2013$163,584,127.621.81%
2014$165,526,307.741.19%
2015$164,699,122.63-0.50%
2016$167,008,926.551.40%
2017$171,265,078.102.55%
2018$176,305,098.042.94%
2019$180,006,719.842.10%
2020$181,122,851.450.62%
2021$190,239,820.545.03%
2022$207,029,152.548.83%
2023$217,936,124.965.27%
2024$225,035,014.963.26%*

* 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 * $38,000,000 = $225,035,014.96

Therefore, according to U.S. Bureau of Labor Statistics, $38,000,000 in 1975 has the same "purchasing power" as $225,035,014.96 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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