Dallas, Texas prices: $56,000,000 in 1995 $114,922,989.75 in 2024

Inflation in Texas

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Prices in Dallas, 1995-2024 ($56,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 105.22% higher in 2024 versus 1995 (a $58,922,989.75 difference in value).

Between 1995 and 2024: Dallas experienced an average inflation rate of 2.51% per year. This rate of change indicates significant inflation. In other words, $56,000,000 in Dallas in the year 1995 would cost $114,922,989.75 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.48% 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
Medical care · Frankfurters · Houston, Texas · Electricity · More

Buying power of $56,000,000.00 since 1995

Below are calculations of equivalent buying power in Dallas, over time, for $56,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$56,000,000.002.61%
1996$57,531,728.672.74%
1997$58,557,180.701.78%
1998$59,385,926.521.42%
1999$61,062,766.332.82%
2000$63,629,621.104.20%
2001$65,874,006.683.53%
2002$66,770,471.041.36%
2003$68,176,436.722.11%
2004$69,085,799.841.33%
2005$71,317,286.653.23%
2006$73,542,324.083.12%
2007$74,646,652.081.50%
2008$78,061,987.794.58%
2009$77,547,133.48-0.66%
2010$78,003,556.370.59%
2011$80,365,772.203.03%
2012$82,052,157.092.10%
2013$83,540,674.881.81%
2014$84,532,525.621.19%
2015$84,110,090.98-0.50%
2016$85,289,683.291.40%
2017$87,463,254.642.55%
2018$90,037,139.242.94%
2019$91,927,518.142.10%
2020$92,497,514.680.62%
2021$97,153,453.885.03%
2022$105,727,587.248.83%
2023$111,297,662.105.27%
2024$114,922,989.753.26%*

* 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 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 296.987 in 2024:

296.987 / 144.717 * $56,000,000 = $114,922,989.75

Therefore, according to U.S. Bureau of Labor Statistics, $56,000,000 in 1995 has the same "purchasing power" as $114,922,989.75 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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