Dallas, Texas prices: $3,000,000 in 1997 $5,996,887.49 in 2026

Inflation in Texas

$

Prices in Dallas, 1997-2026 ($3,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 99.90% higher in 2026 versus 1997 (a $2,996,887.49 difference in value).

Between 1997 and 2026: Dallas experienced an average inflation rate of 2.42% per year. This rate of change indicates significant inflation. In other words, $3,000,000 in Dallas in the year 1997 would cost $5,996,887.49 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation in Dallas was lower.

In the year 1997: Pricing changed by 1.78%, which is below the average yearly change in Dallas during the 1997-2026 time period. Compared to inflation for all items in 1997 (2.34%), 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
Denver, Colorado · Phoenix, Arizona · Dallas-Fort Worth, Texas · Admission to sporting events · More

Buying power of $3,000,000.00 since 1997

Below are calculations of equivalent buying power in Dallas, over time, for $3,000,000 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$3,000,000.001.78%
1998$3,042,458.291.42%
1999$3,128,366.102.82%
2000$3,259,871.144.20%
2001$3,374,855.443.53%
2002$3,420,783.081.36%
2003$3,492,813.482.11%
2004$3,539,401.951.33%
2005$3,653,725.433.23%
2006$3,767,718.493.12%
2007$3,824,295.391.50%
2008$3,999,269.784.58%
2009$3,972,892.78-0.66%
2010$3,996,276.230.59%
2011$4,117,297.213.03%
2012$4,203,694.042.10%
2013$4,279,953.741.81%
2014$4,330,768.211.19%
2015$4,309,126.05-0.50%
2016$4,369,558.901.40%
2017$4,480,915.252.55%
2018$4,612,780.442.94%
2019$4,709,628.282.10%
2020$4,738,830.330.62%
2021$4,977,363.295.03%
2022$5,416,633.078.83%
2023$5,701,999.015.27%
2024$5,927,384.773.95%
2025$6,014,409.081.47%
2026$5,996,887.49-0.29%*

* 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:

Year1963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.377302.493

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1997 * 1997 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 151.325 in the year 1997 and 302.493 in 2026:

302.493 / 151.325 * $3,000,000 = $5,996,887.49

Therefore, according to U.S. Bureau of Labor Statistics, $3,000,000 in 1997 has the same "purchasing power" as $5,996,887.49 in 2026 (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.

» Read more about inflation and investment.