Dallas, Texas prices: $970,000 in 1998 $1,917,664.54 in 2025

Inflation in Texas

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Prices in Dallas, 1998-2025 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 97.70% higher in 2025 versus 1998 (a $947,664.54 difference in value).

Between 1998 and 2025: Dallas experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $970,000 in Dallas in the year 1998 would cost $1,917,664.54 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation in Dallas was higher.

In the year 1998: Pricing changed by 1.42%, which is below the average yearly change in Dallas during the 1998-2025 time period. Compared to inflation for all items in 1998 (1.55%), 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 $970,000.00 since 1998

Below are calculations of equivalent buying power in Dallas, over time, for $970,000 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$970,000.001.42%
1999$997,389.232.82%
2000$1,039,315.814.20%
2001$1,075,975.243.53%
2002$1,090,617.941.36%
2003$1,113,582.752.11%
2004$1,128,436.141.33%
2005$1,164,884.883.23%
2006$1,201,228.283.12%
2007$1,219,266.191.50%
2008$1,275,051.734.58%
2009$1,266,642.18-0.66%
2010$1,274,097.320.59%
2011$1,312,681.363.03%
2012$1,340,226.502.10%
2013$1,364,539.701.81%
2014$1,380,740.431.19%
2015$1,373,840.45-0.50%
2016$1,393,107.721.40%
2017$1,428,610.482.55%
2018$1,470,651.892.94%
2019$1,501,529.032.10%
2020$1,510,839.260.62%
2021$1,586,888.615.03%
2022$1,726,937.108.83%
2023$1,817,917.795.27%
2024$1,889,775.533.95%
2025$1,917,664.541.48%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.400

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1998 * 1998 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 153.467 in the year 1998 and 303.400 in 2025:

303.400 / 153.467 * $970,000 = $1,917,664.54

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1998 has the same "purchasing power" as $1,917,664.54 in 2025 (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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