Dallas, Texas prices: $1,200,000 in 1995 $2,455,454.57 in 2024

Inflation in Texas

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Prices in Dallas, 1995-2024 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 104.62% higher in 2024 versus 1995 (a $1,255,454.57 difference in value).

Between 1995 and 2024: Dallas experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, $1,200,000 in Dallas in the year 1995 would cost $2,455,454.57 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.47% during this same period, inflation in Dallas was higher.

In the year 1995: Pricing changed by 2.61%, which is above the average yearly change in Dallas during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), 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 $1,200,000.00 since 1995

Below are calculations of equivalent buying power in Dallas, over time, for $1,200,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$1,200,000.002.61%
1996$1,232,822.762.74%
1997$1,254,796.731.78%
1998$1,272,555.571.42%
1999$1,308,487.852.82%
2000$1,363,491.884.20%
2001$1,411,585.863.53%
2002$1,430,795.811.36%
2003$1,460,923.642.11%
2004$1,480,410.001.33%
2005$1,528,227.573.23%
2006$1,575,906.943.12%
2007$1,599,571.121.50%
2008$1,672,756.884.58%
2009$1,661,724.29-0.66%
2010$1,671,504.780.59%
2011$1,722,123.693.03%
2012$1,758,260.512.10%
2013$1,790,157.321.81%
2014$1,811,411.261.19%
2015$1,802,359.09-0.50%
2016$1,827,636.071.40%
2017$1,874,212.602.55%
2018$1,929,367.272.94%
2019$1,969,875.392.10%
2020$1,982,089.600.62%
2021$2,081,859.735.03%
2022$2,265,591.168.83%
2023$2,384,949.905.27%
2024$2,455,454.572.96%*

* 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 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 144.717 in the year 1995 and 296.121 in 2024:

296.121 / 144.717 * $1,200,000 = $2,455,454.57

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 1995 has the same "purchasing power" as $2,455,454.57 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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