Dallas, Texas prices: $1,800,000 in 1977 $9,330,727.35 in 2024

Inflation in Texas

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Prices in Dallas, 1977-2024 ($1,800,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 418.37% higher in 2024 versus 1977 (a $7,530,727.35 difference in value).

Between 1977 and 2024: Dallas experienced an average inflation rate of 3.56% per year. This rate of change indicates significant inflation. In other words, $1,800,000 in Dallas in the year 1977 would cost $9,330,727.35 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.53% during this same period, inflation in Dallas was higher.

In the year 1977: Pricing changed by 7.36%, which is significantly above the average yearly change in Dallas during the 1977-2024 time period. Compared to inflation for all items in 1977 (6.50%), 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
Indoor plants and flowers · Electricity · College tuition and fees · Alcoholic beverages · More

Buying power of $1,800,000.00 since 1977

Below are calculations of equivalent buying power in Dallas, over time, for $1,800,000 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$1,800,000.007.36%
1978$1,940,743.987.82%
1979$2,181,794.3112.42%
1980$2,551,509.8516.95%
1981$2,851,115.9711.74%
1982$3,023,369.806.04%
1983$3,133,916.853.66%
1984$3,281,225.384.70%
1985$3,404,113.793.75%
1986$3,463,719.911.75%
1987$3,550,109.412.49%
1988$3,653,304.162.91%
1989$3,762,538.292.99%
1990$3,932,691.474.52%
1991$4,116,761.494.68%
1992$4,216,542.672.42%
1993$4,322,100.662.50%
1994$4,444,201.312.83%
1995$4,560,000.002.61%
1996$4,684,726.482.74%
1997$4,768,227.571.78%
1998$4,835,711.161.42%
1999$4,972,253.832.82%
2000$5,181,269.154.20%
2001$5,364,026.263.53%
2002$5,437,024.071.36%
2003$5,551,509.852.11%
2004$5,625,557.991.33%
2005$5,807,264.773.23%
2006$5,988,446.393.12%
2007$6,078,370.241.50%
2008$6,356,476.154.58%
2009$6,314,552.30-0.66%
2010$6,351,718.160.59%
2011$6,544,070.023.03%
2012$6,681,389.932.10%
2013$6,802,597.811.81%
2014$6,883,362.801.19%
2015$6,848,964.55-0.50%
2016$6,945,017.071.40%
2017$7,122,007.882.55%
2018$7,331,595.622.94%
2019$7,485,526.482.10%
2020$7,531,940.480.62%
2021$7,911,066.965.03%
2022$8,609,246.398.83%
2023$9,062,809.635.27%
2024$9,330,727.352.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1977 * 1977 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 57.125 in the year 1977 and 296.121 in 2024:

296.121 / 57.125 * $1,800,000 = $9,330,727.35

Therefore, according to U.S. Bureau of Labor Statistics, $1,800,000 in 1977 has the same "purchasing power" as $9,330,727.35 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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