Dallas, Texas prices: $980,000 in 1978 $4,827,464.43 in 2025

Inflation in Texas

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Prices in Dallas, 1978-2025 ($980,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 392.60% higher in 2025 versus 1978 (a $3,847,464.43 difference in value).

Between 1978 and 2025: Dallas experienced an average inflation rate of 3.45% per year. This rate of change indicates significant inflation. In other words, $980,000 in Dallas in the year 1978 would cost $4,827,464.43 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.45% during this same period, inflation in Dallas was higher.

In the year 1978: Pricing changed by 7.82%, which is significantly above the average yearly change in Dallas during the 1978-2025 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 $980,000.00 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $980,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$980,000.007.82%
1979$1,101,721.0112.42%
1980$1,288,412.9316.95%
1981$1,439,702.3411.74%
1982$1,526,683.806.04%
1983$1,582,505.753.66%
1984$1,656,890.814.70%
1985$1,718,944.663.75%
1986$1,749,043.431.75%
1987$1,792,666.762.49%
1988$1,844,776.082.91%
1989$1,899,935.062.99%
1990$1,985,855.774.52%
1991$2,078,803.954.68%
1992$2,129,189.552.42%
1993$2,182,492.222.50%
1994$2,244,148.292.83%
1995$2,302,622.112.61%
1996$2,365,604.112.74%
1997$2,407,768.911.78%
1998$2,441,845.491.42%
1999$2,510,794.212.82%
2000$2,616,338.794.20%
2001$2,708,624.003.53%
2002$2,745,485.051.36%
2003$2,803,295.902.11%
2004$2,840,687.321.33%
2005$2,932,442.163.23%
2006$3,023,931.813.12%
2007$3,069,339.851.50%
2008$3,209,772.484.58%
2009$3,188,602.57-0.66%
2010$3,207,369.880.59%
2011$3,304,500.073.03%
2012$3,373,841.272.10%
2013$3,435,046.521.81%
2014$3,475,829.681.19%
2015$3,458,459.91-0.50%
2016$3,506,962.681.40%
2017$3,596,336.142.55%
2018$3,702,169.772.94%
2019$3,779,898.852.10%
2020$3,803,336.110.62%
2021$3,994,780.195.03%
2022$4,347,333.578.83%
2023$4,576,365.315.27%
2024$4,757,257.583.95%
2025$4,827,464.431.48%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.400

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1978 * 1978 USD value = 2025 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 303.400 in 2025:

303.400 / 61.592 * $980,000 = $4,827,464.43

Therefore, according to U.S. Bureau of Labor Statistics, $980,000 in 1978 has the same "purchasing power" as $4,827,464.43 in 2025 (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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