Dallas, Texas prices: $6,000,000 in 1975 $35,531,844.47 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($6,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $29,531,844.47 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, $6,000,000 in Dallas in the year 1975 would cost $35,531,844.47 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 $6,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $6,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$6,000,000.009.24%
1976$6,365,902.296.10%
1977$6,834,496.517.36%
1978$7,368,893.327.82%
1979$8,284,147.5612.42%
1980$9,687,936.1916.95%
1981$10,825,523.4311.74%
1982$11,479,561.326.04%
1983$11,899,302.093.66%
1984$12,458,624.134.70%
1985$12,925,224.333.75%
1986$13,151,545.361.75%
1987$13,479,561.322.49%
1988$13,871,385.842.91%
1989$14,286,141.582.99%
1990$14,932,203.394.52%
1991$15,631,106.684.68%
1992$16,009,970.092.42%
1993$16,410,767.702.50%
1994$16,874,376.872.83%
1995$17,314,057.832.61%
1996$17,787,637.092.74%
1997$18,104,685.941.78%
1998$18,360,917.251.42%
1999$18,879,361.912.82%
2000$19,672,981.064.20%
2001$20,366,899.303.53%
2002$20,644,067.801.36%
2003$21,078,763.712.11%
2004$21,359,920.241.33%
2005$22,049,850.453.23%
2006$22,737,786.643.12%
2007$23,079,222.331.50%
2008$24,135,174.484.58%
2009$23,975,992.02-0.66%
2010$24,117,108.670.59%
2011$24,847,457.633.03%
2012$25,368,853.442.10%
2013$25,829,072.781.81%
2014$26,135,732.801.19%
2015$26,005,124.63-0.50%
2016$26,369,830.511.40%
2017$27,041,854.442.55%
2018$27,837,647.062.94%
2019$28,422,113.662.10%
2020$28,598,344.970.62%
2021$30,037,866.405.03%
2022$32,688,813.568.83%
2023$34,410,967.105.27%
2024$35,531,844.473.26%*

* 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 * $6,000,000 = $35,531,844.47

Therefore, according to U.S. Bureau of Labor Statistics, $6,000,000 in 1975 has the same "purchasing power" as $35,531,844.47 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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