Dallas, Texas prices: $1,000,000 in 1978 $4,911,265.05 in 2026

Inflation in Texas

$

Prices in Dallas, 1978-2026 ($1,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 391.13% higher in 2026 versus 1978 (a $3,911,265.05 difference in value).

Between 1978 and 2026: Dallas experienced an average inflation rate of 3.37% per year. This rate of change indicates significant inflation. In other words, $1,000,000 in Dallas in the year 1978 would cost $4,911,265.05 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.40% during this same period, inflation in Dallas was lower.

In the year 1978: Pricing changed by 7.82%, which is significantly above the average yearly change in Dallas during the 1978-2026 time period. Compared to inflation for all items in 1978 (7.63%), 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
Airline fares · Rent of primary residence · Housing · Bananas · More

Buying power of $1,000,000.00 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $1,000,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$1,000,000.007.82%
1979$1,124,205.1112.42%
1980$1,314,707.0816.95%
1981$1,469,084.0211.74%
1982$1,557,840.626.04%
1983$1,614,801.793.66%
1984$1,690,704.914.70%
1985$1,754,025.173.75%
1986$1,784,738.201.75%
1987$1,829,251.792.49%
1988$1,882,424.572.91%
1989$1,938,709.242.99%
1990$2,026,383.444.52%
1991$2,121,228.524.68%
1992$2,172,642.402.42%
1993$2,227,032.882.50%
1994$2,289,947.232.83%
1995$2,349,614.402.61%
1996$2,413,881.752.74%
1997$2,456,907.051.78%
1998$2,491,679.071.42%
1999$2,562,034.912.82%
2000$2,669,733.464.20%
2001$2,763,902.043.53%
2002$2,801,515.361.36%
2003$2,860,506.022.11%
2004$2,898,660.531.33%
2005$2,992,287.923.23%
2006$3,085,644.703.12%
2007$3,131,979.431.50%
2008$3,275,278.044.58%
2009$3,253,676.09-0.66%
2010$3,272,826.410.59%
2011$3,371,938.843.03%
2012$3,442,695.172.10%
2013$3,505,149.511.81%
2014$3,546,764.981.19%
2015$3,529,040.73-0.50%
2016$3,578,533.351.40%
2017$3,669,730.752.55%
2018$3,777,724.262.94%
2019$3,857,039.642.10%
2020$3,880,955.220.62%
2021$4,076,306.325.03%
2022$4,436,054.668.83%
2023$4,669,760.525.27%
2024$4,854,344.473.95%
2025$4,925,614.691.47%
2026$4,911,265.05-0.29%*

* 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:

Year1963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.377302.493

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1978 * 1978 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 61.592 in the year 1978 and 302.493 in 2026:

302.493 / 61.592 * $1,000,000 = $4,911,265.05

Therefore, according to U.S. Bureau of Labor Statistics, $1,000,000 in 1978 has the same "purchasing power" as $4,911,265.05 in 2026 (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.

» Read more about inflation and investment.