Dallas, Texas prices: $980,000 in 1994 $2,108,111.65 in 2025

Inflation in Texas

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Prices in Dallas, 1994-2025 ($980,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 115.11% higher in 2025 versus 1994 (a $1,128,111.65 difference in value).

Between 1994 and 2025: Dallas experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, $980,000 in Dallas in the year 1994 would cost $2,108,111.65 in 2025 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 1994: Pricing changed by 2.83%, which is above the average yearly change in Dallas during the 1994-2025 time period. Compared to inflation for all items in 1994 (2.60%), 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 $980,000.00 since 1994

Below are calculations of equivalent buying power in Dallas, over time, for $980,000 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$980,000.002.83%
1995$1,005,535.012.61%
1996$1,033,038.702.74%
1997$1,051,451.701.78%
1998$1,066,332.641.42%
1999$1,096,441.952.82%
2000$1,142,532.354.20%
2001$1,182,832.503.53%
2002$1,198,929.391.36%
2003$1,224,174.892.11%
2004$1,240,503.401.33%
2005$1,280,571.943.23%
2006$1,320,524.673.12%
2007$1,340,353.961.50%
2008$1,401,679.674.58%
2009$1,392,434.95-0.66%
2010$1,400,630.480.59%
2011$1,443,046.383.03%
2012$1,473,327.082.10%
2013$1,500,054.881.81%
2014$1,517,864.531.19%
2015$1,510,279.30-0.50%
2016$1,531,460.041.40%
2017$1,570,488.652.55%
2018$1,616,705.282.94%
2019$1,650,648.892.10%
2020$1,660,883.730.62%
2021$1,744,485.705.03%
2022$1,898,442.688.83%
2023$1,998,458.855.27%
2024$2,077,452.933.95%
2025$2,108,111.651.48%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.400

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1994 * 1994 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 141.042 in the year 1994 and 303.400 in 2025:

303.400 / 141.042 * $980,000 = $2,108,111.65

Therefore, according to U.S. Bureau of Labor Statistics, $980,000 in 1994 has the same "purchasing power" as $2,108,111.65 in 2025 (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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