Dallas, Texas prices: $10,000,000 in 1989 $24,871,547.21 in 2024

Inflation in Texas

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Prices in Dallas, 1989-2024 ($10,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 148.72% higher in 2024 versus 1989 (a $14,871,547.21 difference in value).

Between 1989 and 2024: Dallas experienced an average inflation rate of 2.64% per year. This rate of change indicates significant inflation. In other words, $10,000,000 in Dallas in the year 1989 would cost $24,871,547.21 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.66% during this same period, inflation in Dallas was lower.

In the year 1989: Pricing changed by 2.99%, which is above the average yearly change in Dallas during the 1989-2024 time period. Compared to inflation for all items in 1989 (4.83%), 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
Financial services · Public transportation · Parking fees and tolls · Food · More

Buying power of $10,000,000.00 since 1989

Below are calculations of equivalent buying power in Dallas, over time, for $10,000,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$10,000,000.002.99%
1990$10,452,229.744.52%
1991$10,941,447.414.68%
1992$11,206,643.872.42%
1993$11,487,193.802.50%
1994$11,811,710.522.83%
1995$12,119,477.982.61%
1996$12,450,973.552.74%
1997$12,672,901.111.78%
1998$12,852,257.661.42%
1999$13,215,158.072.82%
2000$13,770,674.864.20%
2001$14,256,403.103.53%
2002$14,450,415.241.36%
2003$14,754,693.282.11%
2004$14,951,496.961.33%
2005$15,434,433.673.23%
2006$15,915,974.603.12%
2007$16,154,972.431.50%
2008$16,894,116.834.58%
2009$16,782,692.44-0.66%
2010$16,881,471.140.59%
2011$17,392,700.123.03%
2012$17,757,666.272.10%
2013$18,079,810.181.81%
2014$18,294,465.771.19%
2015$18,203,042.78-0.50%
2016$18,458,329.261.40%
2017$18,928,731.942.55%
2018$19,485,770.122.94%
2019$19,894,884.502.10%
2020$20,018,242.720.62%
2021$21,025,877.595.03%
2022$22,881,485.108.83%
2023$24,086,956.525.27%
2024$24,871,547.213.26%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1989 * 1989 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 119.408 in the year 1989 and 296.987 in 2024:

296.987 / 119.408 * $10,000,000 = $24,871,547.21

Therefore, according to U.S. Bureau of Labor Statistics, $10,000,000 in 1989 has the same "purchasing power" as $24,871,547.21 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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