Dallas, Texas prices: $970,000 in 1978 $4,763,927.10 in 2026

Inflation in Texas

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Prices in Dallas, 1978-2026 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 391.13% higher in 2026 versus 1978 (a $3,793,927.10 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, $970,000 in Dallas in the year 1978 would cost $4,763,927.10 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%).

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Buying power of $970,000.00 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $970,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$970,000.007.82%
1979$1,090,478.9612.42%
1980$1,275,265.8616.95%
1981$1,425,011.5011.74%
1982$1,511,105.406.04%
1983$1,566,357.733.66%
1984$1,639,983.764.70%
1985$1,701,404.413.75%
1986$1,731,196.051.75%
1987$1,774,374.242.49%
1988$1,825,951.832.91%
1989$1,880,547.962.99%
1990$1,965,591.944.52%
1991$2,057,591.674.68%
1992$2,107,463.132.42%
1993$2,160,221.892.50%
1994$2,221,248.822.83%
1995$2,279,125.962.61%
1996$2,341,465.302.74%
1997$2,383,199.841.78%
1998$2,416,928.701.42%
1999$2,485,173.862.82%
2000$2,589,641.464.20%
2001$2,680,984.983.53%
2002$2,717,469.901.36%
2003$2,774,690.842.11%
2004$2,811,700.721.33%
2005$2,902,519.283.23%
2006$2,993,075.363.12%
2007$3,038,020.051.50%
2008$3,177,019.704.58%
2009$3,156,065.81-0.66%
2010$3,174,641.620.59%
2011$3,270,780.683.03%
2012$3,339,414.312.10%
2013$3,399,995.021.81%
2014$3,440,362.031.19%
2015$3,423,169.50-0.50%
2016$3,471,177.351.40%
2017$3,559,638.832.55%
2018$3,664,392.532.94%
2019$3,741,328.452.10%
2020$3,764,526.560.62%
2021$3,954,017.135.03%
2022$4,302,973.028.83%
2023$4,529,667.705.27%
2024$4,708,714.143.95%
2025$4,777,846.251.47%
2026$4,763,927.10-0.29%*

* 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 * $970,000 = $4,763,927.10

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1978 has the same "purchasing power" as $4,763,927.10 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.

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