Dallas, Texas prices: $500 in 1967 $4,664.72 in 2024

Inflation in Texas

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Prices in Dallas, 1967-2024 ($500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 832.94% higher in 2024 versus 1967 (a $4,164.72 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, $500 in Dallas in the year 1967 would cost $4,664.72 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
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Buying power of $500.00 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $500 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$500.003.08%
1968$520.684.14%
1969$553.536.31%
1970$587.966.22%
1971$606.023.07%
1972$623.692.92%
1973$656.025.18%
1974$721.079.92%
1975$787.709.24%
1976$835.736.10%
1977$897.257.36%
1978$967.417.82%
1979$1,087.5712.42%
1980$1,271.8616.95%
1981$1,421.2011.74%
1982$1,507.076.04%
1983$1,562.173.66%
1984$1,635.604.70%
1985$1,696.863.75%
1986$1,726.571.75%
1987$1,769.632.49%
1988$1,821.072.91%
1989$1,875.522.99%
1990$1,960.344.52%
1991$2,052.094.68%
1992$2,101.832.42%
1993$2,154.452.50%
1994$2,215.312.83%
1995$2,273.042.61%
1996$2,335.212.74%
1997$2,376.831.78%
1998$2,410.471.42%
1999$2,478.532.82%
2000$2,582.724.20%
2001$2,673.823.53%
2002$2,710.211.36%
2003$2,767.282.11%
2004$2,804.191.33%
2005$2,894.763.23%
2006$2,985.083.12%
2007$3,029.901.50%
2008$3,168.534.58%
2009$3,147.63-0.66%
2010$3,166.160.59%
2011$3,262.043.03%
2012$3,330.492.10%
2013$3,390.911.81%
2014$3,431.171.19%
2015$3,414.02-0.50%
2016$3,461.901.40%
2017$3,550.132.55%
2018$3,654.602.94%
2019$3,731.332.10%
2020$3,754.470.62%
2021$3,943.455.03%
2022$4,291.488.83%
2023$4,517.575.27%
2024$4,664.723.26%*

* 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 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 * $500 = $4,664.72

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 1967 has the same "purchasing power" as $4,664.72 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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