Dallas, Texas prices: $10,000,000 in 1991 $22,665,212.40 in 2024

Inflation in Texas

$

Prices in Dallas, 1991-2024 ($10,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 126.65% higher in 2024 versus 1991 (a $12,665,212.40 difference in value).

Between 1991 and 2024: Dallas experienced an average inflation rate of 2.51% per year. This rate of change indicates significant inflation. In other words, $10,000,000 in Dallas in the year 1991 would cost $22,665,212.40 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% 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
Philadelphia, Pennsylvania · Parking fees and tolls · Phoenix, Arizona · Wine at home · More

Buying power of $10,000,000.00 since 1991

Below are calculations of equivalent buying power in Dallas, over time, for $10,000,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$10,000,000.004.68%
1992$10,242,377.852.42%
1993$10,498,788.112.50%
1994$10,795,382.062.83%
1995$11,076,667.942.61%
1996$11,379,640.262.74%
1997$11,582,472.251.78%
1998$11,746,396.221.42%
1999$12,078,071.182.82%
2000$12,585,789.004.20%
2001$13,029,723.183.53%
2002$13,207,041.711.36%
2003$13,485,138.412.11%
2004$13,665,008.291.33%
2005$14,106,391.123.23%
2006$14,546,498.283.12%
2007$14,764,931.751.50%
2008$15,440,477.104.58%
2009$15,338,640.13-0.66%
2010$15,428,919.510.59%
2011$15,896,160.223.03%
2012$16,229,723.182.10%
2013$16,524,148.491.81%
2014$16,720,334.231.19%
2015$16,636,777.65-0.50%
2016$16,870,098.231.40%
2017$17,300,025.512.55%
2018$17,809,133.822.94%
2019$18,183,046.312.10%
2020$18,295,790.280.62%
2021$19,216,724.075.03%
2022$20,912,667.438.83%
2023$22,014,415.105.27%
2024$22,665,212.402.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 130.650 * $10,000,000 = $22,665,212.40

Therefore, according to U.S. Bureau of Labor Statistics, $10,000,000 in 1991 has the same "purchasing power" as $22,665,212.40 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.

» Read more about inflation and investment.