Dallas, Texas prices: $37,000 in 1967 $345,189.08 in 2024

Inflation in Texas

$

Prices in Dallas, 1967-2024 ($37,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 832.94% higher in 2024 versus 1967 (a $308,189.08 difference in value).

Between 1967 and 2024: Dallas experienced an average inflation rate of 4% per year. This rate of change indicates significant inflation. In other words, $37,000 in Dallas in the year 1967 would cost $345,189.08 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.99% during this same period, inflation in Dallas was higher.

In the year 1967: Pricing changed by 3.08%, which is below the average yearly change in Dallas during the 1967-2024 time period. Compared to inflation for all items in 1967 (2.80%), inflation in Dallas was higher.

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
Phoenix, Arizona · Bananas · Frankfurters · Fish and seafood · More

Buying power of $37,000.00 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $37,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$37,000.003.08%
1968$38,530.374.14%
1969$40,961.526.31%
1970$43,508.906.22%
1971$44,845.553.07%
1972$46,153.142.92%
1973$48,545.555.18%
1974$53,359.429.92%
1975$58,289.539.24%
1976$61,844.246.10%
1977$66,396.607.36%
1978$71,588.227.82%
1979$80,479.8412.42%
1980$94,117.5416.95%
1981$105,169.1111.74%
1982$111,523.046.04%
1983$115,600.793.66%
1984$121,034.554.70%
1985$125,567.543.75%
1986$127,766.231.75%
1987$130,952.882.49%
1988$134,759.422.91%
1989$138,788.742.99%
1990$145,065.184.52%
1991$151,854.974.68%
1992$155,535.602.42%
1993$159,429.322.50%
1994$163,933.252.83%
1995$168,204.712.61%
1996$172,805.502.74%
1997$175,885.601.78%
1998$178,374.871.42%
1999$183,411.522.82%
2000$191,121.474.20%
2001$197,862.833.53%
2002$200,555.501.36%
2003$204,778.532.11%
2004$207,509.951.33%
2005$214,212.573.23%
2006$220,895.813.12%
2007$224,212.831.50%
2008$234,471.324.58%
2009$232,924.88-0.66%
2010$234,295.820.59%
2011$241,391.103.03%
2012$246,456.422.10%
2013$250,927.411.81%
2014$253,906.591.19%
2015$252,637.74-0.50%
2016$256,180.831.40%
2017$262,709.492.55%
2018$270,440.552.94%
2019$276,118.602.10%
2020$277,830.680.62%
2021$291,815.515.03%
2022$317,569.268.83%
2023$334,299.845.27%
2024$345,189.083.26%*

* 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 1967 * 1967 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 31.833 in the year 1967 and 296.987 in 2024:

296.987 / 31.833 * $37,000 = $345,189.08

Therefore, according to U.S. Bureau of Labor Statistics, $37,000 in 1967 has the same "purchasing power" as $345,189.08 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.

» Read more about inflation and investment.