Dallas, Texas prices: $7,000,000 in 1990 $16,656,812.45 in 2024

Inflation in Texas

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Prices in Dallas, 1990-2024 ($7,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 137.95% higher in 2024 versus 1990 (a $9,656,812.45 difference in value).

Between 1990 and 2024: Dallas experienced an average inflation rate of 2.58% per year. This rate of change indicates significant inflation. In other words, $7,000,000 in Dallas in the year 1990 would cost $16,656,812.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation in Dallas was higher.

In the year 1990: Pricing changed by 4.52%, which is above the average yearly change in Dallas during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), 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 $7,000,000.00 since 1990

Below are calculations of equivalent buying power in Dallas, over time, for $7,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$7,000,000.004.52%
1991$7,327,635.714.68%
1992$7,505,241.372.42%
1993$7,693,129.472.50%
1994$7,910,462.712.83%
1995$8,116,578.752.61%
1996$8,338,585.832.74%
1997$8,487,213.731.78%
1998$8,607,331.241.42%
1999$8,850,370.572.82%
2000$9,222,407.694.20%
2001$9,547,706.483.53%
2002$9,677,639.051.36%
2003$9,881,418.172.11%
2004$10,013,220.271.33%
2005$10,336,649.533.23%
2006$10,659,144.023.12%
2007$10,819,204.111.50%
2008$11,314,219.144.58%
2009$11,239,596.71-0.66%
2010$11,305,750.150.59%
2011$11,648,127.133.03%
2012$11,892,549.912.10%
2013$12,108,294.051.81%
2014$12,252,051.811.19%
2015$12,190,824.60-0.50%
2016$12,361,793.421.40%
2017$12,676,828.472.55%
2018$13,049,884.492.94%
2019$13,323,873.942.10%
2020$13,406,488.620.62%
2021$14,081,315.355.03%
2022$15,324,040.868.83%
2023$16,131,361.425.27%
2024$16,656,812.453.26%*

* 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 1990 * 1990 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 124.808 in the year 1990 and 296.987 in 2024:

296.987 / 124.808 * $7,000,000 = $16,656,812.45

Therefore, according to U.S. Bureau of Labor Statistics, $7,000,000 in 1990 has the same "purchasing power" as $16,656,812.45 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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