Dallas, Texas prices: $7,000,000 in 1995 $14,365,373.72 in 2024

Inflation in Texas

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Prices in Dallas, 1995-2024 ($7,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 105.22% higher in 2024 versus 1995 (a $7,365,373.72 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, $7,000,000 in Dallas in the year 1995 would cost $14,365,373.72 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.49% 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 $7,000,000.00 since 1995

Below are calculations of equivalent buying power in Dallas, over time, for $7,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$7,000,000.002.61%
1996$7,191,466.082.74%
1997$7,319,647.591.78%
1998$7,423,240.821.42%
1999$7,632,845.792.82%
2000$7,953,702.644.20%
2001$8,234,250.833.53%
2002$8,346,308.881.36%
2003$8,522,054.592.11%
2004$8,635,724.981.33%
2005$8,914,660.833.23%
2006$9,192,790.513.12%
2007$9,330,831.511.50%
2008$9,757,748.474.58%
2009$9,693,391.68-0.66%
2010$9,750,444.550.59%
2011$10,045,721.523.03%
2012$10,256,519.642.10%
2013$10,442,584.361.81%
2014$10,566,565.701.19%
2015$10,513,761.37-0.50%
2016$10,661,210.411.40%
2017$10,932,906.832.55%
2018$11,254,642.402.94%
2019$11,490,939.772.10%
2020$11,562,189.340.62%
2021$12,144,181.735.03%
2022$13,215,948.408.83%
2023$13,912,207.765.27%
2024$14,365,373.723.26%*

* 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 * $7,000,000 = $14,365,373.72

Therefore, according to U.S. Bureau of Labor Statistics, $7,000,000 in 1995 has the same "purchasing power" as $14,365,373.72 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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