Dallas, Texas prices: $970,000 in 1988 $2,530,739.97 in 2026

Inflation in Texas

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Prices in Dallas, 1988-2026 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 160.90% higher in 2026 versus 1988 (a $1,560,739.97 difference in value).

Between 1988 and 2026: Dallas experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $970,000 in Dallas in the year 1988 would cost $2,530,739.97 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.69% during this same period, inflation in Dallas was lower.

In the year 1988: Pricing changed by 2.91%, which is above the average yearly change in Dallas during the 1988-2026 time period. Compared to inflation for all items in 1988 (4.08%), inflation in Dallas was lower.

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 $970,000.00 since 1988

Below are calculations of equivalent buying power in Dallas, over time, for $970,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$970,000.002.91%
1989$999,003.092.99%
1990$1,044,180.984.52%
1991$1,093,053.984.68%
1992$1,119,547.192.42%
1993$1,147,574.212.50%
1994$1,179,993.532.83%
1995$1,210,739.602.61%
1996$1,243,856.112.74%
1997$1,266,026.741.78%
1998$1,283,944.511.42%
1999$1,320,198.382.82%
2000$1,375,694.674.20%
2001$1,424,219.083.53%
2002$1,443,600.951.36%
2003$1,473,998.422.11%
2004$1,493,659.171.33%
2005$1,541,904.693.23%
2006$1,590,010.783.12%
2007$1,613,886.741.50%
2008$1,687,727.494.58%
2009$1,676,596.16-0.66%
2010$1,686,464.180.59%
2011$1,737,536.123.03%
2012$1,773,996.352.10%
2013$1,806,178.621.81%
2014$1,827,622.781.19%
2015$1,818,489.60-0.50%
2016$1,843,992.801.40%
2017$1,890,986.172.55%
2018$1,946,634.462.94%
2019$1,987,505.112.10%
2020$1,999,828.640.62%
2021$2,100,491.675.03%
2022$2,285,867.438.83%
2023$2,406,294.405.27%
2024$2,501,409.203.95%
2025$2,538,134.241.47%
2026$2,530,739.97-0.29%*

* 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 1988 * 1988 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 115.942 in the year 1988 and 302.493 in 2026:

302.493 / 115.942 * $970,000 = $2,530,739.97

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1988 has the same "purchasing power" as $2,530,739.97 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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