Dallas, Texas prices: $1,000,000 in 1991 $2,273,149.64 in 2024

Inflation in Texas

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Prices in Dallas, 1991-2024 ($1,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 127.31% higher in 2024 versus 1991 (a $1,273,149.64 difference in value).

Between 1991 and 2024: Dallas experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, $1,000,000 in Dallas in the year 1991 would cost $2,273,149.64 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation in Dallas was lower.

In the year 1991: Pricing changed by 4.68%, which is above the average yearly change in Dallas during the 1991-2024 time period. Compared to inflation for all items in 1991 (4.23%), 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%).

View price changes for other categories
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Buying power of $1,000,000.00 since 1991

Below are calculations of equivalent buying power in Dallas, over time, for $1,000,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$1,000,000.004.68%
1992$1,024,237.792.42%
1993$1,049,878.812.50%
1994$1,079,538.212.83%
1995$1,107,666.792.61%
1996$1,137,964.032.74%
1997$1,158,247.231.78%
1998$1,174,639.621.42%
1999$1,207,807.122.82%
2000$1,258,578.904.20%
2001$1,302,972.323.53%
2002$1,320,704.171.36%
2003$1,348,513.842.11%
2004$1,366,500.831.33%
2005$1,410,639.113.23%
2006$1,454,649.833.12%
2007$1,476,493.181.50%
2008$1,544,047.714.58%
2009$1,533,864.01-0.66%
2010$1,542,891.950.59%
2011$1,589,616.023.03%
2012$1,622,972.322.10%
2013$1,652,414.851.81%
2014$1,672,033.421.19%
2015$1,663,677.77-0.50%
2016$1,687,009.821.40%
2017$1,730,002.552.55%
2018$1,780,913.382.94%
2019$1,818,304.632.10%
2020$1,829,579.030.62%
2021$1,921,672.415.03%
2022$2,091,266.748.83%
2023$2,201,441.515.27%
2024$2,273,149.643.26%*

* 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 1991 * 1991 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 130.650 in the year 1991 and 296.987 in 2024:

296.987 / 130.650 * $1,000,000 = $2,273,149.64

Therefore, according to U.S. Bureau of Labor Statistics, $1,000,000 in 1991 has the same "purchasing power" as $2,273,149.64 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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