Dallas, Texas prices: $5,400,000 in 1975 $31,978,660.02 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($5,400,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $26,578,660.02 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, $5,400,000 in Dallas in the year 1975 would cost $31,978,660.02 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
Admission to sporting events · Gasoline (all types) · Bananas · Public transportation · More

Buying power of $5,400,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $5,400,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$5,400,000.009.24%
1976$5,729,312.066.10%
1977$6,151,046.867.36%
1978$6,632,003.997.82%
1979$7,455,732.8012.42%
1980$8,719,142.5716.95%
1981$9,742,971.0911.74%
1982$10,331,605.186.04%
1983$10,709,371.883.66%
1984$11,212,761.714.70%
1985$11,632,701.893.75%
1986$11,836,390.831.75%
1987$12,131,605.182.49%
1988$12,484,247.262.91%
1989$12,857,527.422.99%
1990$13,438,983.054.52%
1991$14,067,996.014.68%
1992$14,408,973.082.42%
1993$14,769,690.932.50%
1994$15,186,939.182.83%
1995$15,582,652.042.61%
1996$16,008,873.382.74%
1997$16,294,217.351.78%
1998$16,524,825.521.42%
1999$16,991,425.722.82%
2000$17,705,682.954.20%
2001$18,330,209.373.53%
2002$18,579,661.021.36%
2003$18,970,887.342.11%
2004$19,223,928.221.33%
2005$19,844,865.403.23%
2006$20,464,007.983.12%
2007$20,771,300.101.50%
2008$21,721,657.034.58%
2009$21,578,392.82-0.66%
2010$21,705,397.810.59%
2011$22,362,711.863.03%
2012$22,831,968.102.10%
2013$23,246,165.501.81%
2014$23,522,159.521.19%
2015$23,404,612.16-0.50%
2016$23,732,847.461.40%
2017$24,337,668.992.55%
2018$25,053,882.352.94%
2019$25,579,902.292.10%
2020$25,738,510.470.62%
2021$27,034,079.765.03%
2022$29,419,932.208.83%
2023$30,969,870.395.27%
2024$31,978,660.023.26%*

* 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 * $5,400,000 = $31,978,660.02

Therefore, according to U.S. Bureau of Labor Statistics, $5,400,000 in 1975 has the same "purchasing power" as $31,978,660.02 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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