Dallas, Texas prices: $40,000,000 in 1991 $90,925,985.46 in 2024

Inflation in Texas

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Prices in Dallas, 1991-2024 ($40,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 127.31% higher in 2024 versus 1991 (a $50,925,985.46 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, $40,000,000 in Dallas in the year 1991 would cost $90,925,985.46 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 $40,000,000.00 since 1991

Below are calculations of equivalent buying power in Dallas, over time, for $40,000,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$40,000,000.004.68%
1992$40,969,511.422.42%
1993$41,995,152.442.50%
1994$43,181,528.262.83%
1995$44,306,671.772.61%
1996$45,518,561.042.74%
1997$46,329,889.021.78%
1998$46,985,584.901.42%
1999$48,312,284.732.82%
2000$50,343,156.014.20%
2001$52,118,892.723.53%
2002$52,828,166.861.36%
2003$53,940,553.642.11%
2004$54,660,033.171.33%
2005$56,425,564.493.23%
2006$58,185,993.113.12%
2007$59,059,727.011.50%
2008$61,761,908.414.58%
2009$61,354,560.53-0.66%
2010$61,715,678.020.59%
2011$63,584,640.903.03%
2012$64,918,892.722.10%
2013$66,096,593.951.81%
2014$66,881,336.911.19%
2015$66,547,110.60-0.50%
2016$67,480,392.911.40%
2017$69,200,102.052.55%
2018$71,236,535.272.94%
2019$72,732,185.232.10%
2020$73,183,161.120.62%
2021$76,866,896.295.03%
2022$83,650,669.738.83%
2023$88,057,660.425.27%
2024$90,925,985.463.26%*

* 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 * $40,000,000 = $90,925,985.46

Therefore, according to U.S. Bureau of Labor Statistics, $40,000,000 in 1991 has the same "purchasing power" as $90,925,985.46 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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