Dallas, Texas prices: $1,000,000,000 in 1996 $1,997,558,432.82 in 2024

Inflation in Texas

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Prices in Dallas, 1996-2024 ($1,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 99.76% higher in 2024 versus 1996 (a $997,558,432.82 difference in value).

Between 1996 and 2024: Dallas experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, $1,000,000,000 in Dallas in the year 1996 would cost $1,997,558,432.82 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 1996: Pricing changed by 2.74%, which is above the average yearly change in Dallas during the 1996-2024 time period. Compared to inflation for all items in 1996 (2.93%), 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 $1,000,000,000.00 since 1996

Below are calculations of equivalent buying power in Dallas, over time, for $1,000,000,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$1,000,000,000.002.74%
1997$1,017,824,113.001.78%
1998$1,032,229,135.141.42%
1999$1,061,375,483.442.82%
2000$1,105,991,816.604.20%
2001$1,145,003,082.793.53%
2002$1,160,585,168.991.36%
2003$1,185,023,261.032.11%
2004$1,200,829,549.911.33%
2005$1,239,616,613.423.23%
2006$1,278,291,575.583.12%
2007$1,297,486,687.971.50%
2008$1,356,851,073.374.58%
2009$1,347,902,023.43-0.66%
2010$1,355,835,435.230.59%
2011$1,396,894,792.893.03%
2012$1,426,207,051.172.10%
2013$1,452,080,040.361.81%
2014$1,469,320,105.381.19%
2015$1,461,977,467.63-0.50%
2016$1,482,480,802.651.40%
2017$1,520,261,196.122.55%
2018$1,564,999,719.752.94%
2019$1,597,857,743.402.10%
2020$1,607,765,259.790.62%
2021$1,688,693,458.895.03%
2022$1,837,726,584.838.83%
2023$1,934,544,027.805.27%
2024$1,997,558,432.823.26%*

* 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 1996 * 1996 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 148.675 in the year 1996 and 296.987 in 2024:

296.987 / 148.675 * $1,000,000,000 = $1,997,558,432.82

Therefore, according to U.S. Bureau of Labor Statistics, $1,000,000,000 in 1996 has the same "purchasing power" as $1,997,558,432.82 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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