Dallas, Texas prices: $6,500,000 in 1975 $38,492,831.51 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($6,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $31,992,831.51 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, $6,500,000 in Dallas in the year 1975 would cost $38,492,831.51 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 $6,500,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $6,500,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$6,500,000.009.24%
1976$6,896,394.156.10%
1977$7,404,037.897.36%
1978$7,982,967.767.82%
1979$8,974,493.1912.42%
1980$10,495,264.2116.95%
1981$11,727,650.3811.74%
1982$12,436,191.436.04%
1983$12,890,910.603.66%
1984$13,496,842.804.70%
1985$14,002,326.353.75%
1986$14,247,507.481.75%
1987$14,602,858.092.49%
1988$15,027,334.662.91%
1989$15,476,653.372.99%
1990$16,176,553.674.52%
1991$16,933,698.904.68%
1992$17,344,134.262.42%
1993$17,778,331.672.50%
1994$18,280,574.942.83%
1995$18,756,895.982.61%
1996$19,269,940.182.74%
1997$19,613,409.771.78%
1998$19,890,993.691.42%
1999$20,452,642.072.82%
2000$21,312,396.144.20%
2001$22,064,140.913.53%
2002$22,364,406.781.36%
2003$22,835,327.352.11%
2004$23,139,913.591.33%
2005$23,887,337.993.23%
2006$24,632,602.193.12%
2007$25,002,490.861.50%
2008$26,146,439.024.58%
2009$25,973,991.36-0.66%
2010$26,126,867.730.59%
2011$26,918,079.103.03%
2012$27,482,924.562.10%
2013$27,981,495.511.81%
2014$28,313,710.541.19%
2015$28,172,218.34-0.50%
2016$28,567,316.381.40%
2017$29,295,342.312.55%
2018$30,157,450.982.94%
2019$30,790,623.132.10%
2020$30,981,540.380.62%
2021$32,541,021.935.03%
2022$35,412,881.368.83%
2023$37,278,547.695.27%
2024$38,492,831.513.26%*

* 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 * $6,500,000 = $38,492,831.51

Therefore, according to U.S. Bureau of Labor Statistics, $6,500,000 in 1975 has the same "purchasing power" as $38,492,831.51 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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